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A first meeting was held February 11-12 in Istanbul to better assess target countries’ needs, assess foreign investment priorities and develop an outline of what the OECD could offer in these areas.
The OECD, which groups the 30 leading industrialized nations, has set up a number of regional initiatives and cooperation programs with non-member countries. Investment initiatives for China, Russia, South-East Europe, Latin America and Africa are the results of these efforts. The Business and Industry Advisory Committee
(BIAC) to the OECD, part of USCIB’s global network, provides industry views to all these efforts.
This February meeting was the first ever organized by the OECD with partners from the countries of the region. Regional experts, private-sector participants and policy makers discussed global developments, challenges and priorities for investment in the region and future plans for regional initiatives.
BIAC considers the results of the meeting positive. It asked the OECD for an inventory of investment barriers and discriminatory measures as a first step for starting up OECD work in the region.
Staff contact: Ronnie Goldberg
BIAC website
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