Ascultă Radio România Actualitaţi Live

Steps for Romania's accession to the Organization for Economic Cooperation and Development

Articol de Iulian Olescu, 23 Noiembrie 2022, 01:25

History shows that with the entry into the Organization for Economic Cooperation and Development there is an almost immediate increase in direct investments, and the country's rating is improved, says the State Secretary in the Ministry of Foreign Affairs and coordinator for Romania's accession to the OECD, Luca Niculescu. He presented at a specialized event organized by Deloitte Romania the next steps for accession.

Luca Niculescu: In June, we received a so-called roadmap, which is a document of tens of pages in which all the fields in which Romania must collaborate in order to join the OECD are outlined. To this document, the Romanian state will respond with another document, the initial memorandum, that is, a document of several hundred pages, maybe even a thousand, which is a self-evaluation of the way in which the legislation, policies and practices in Romania align legal instruments of the OECD, and here we are talking about 26 fields and 234 legal instruments. It represents a serious and lasting effort, which will extend even after the accession to the OECD. We are in the last phase of drafting the memorandum, I hope to submit it very soon. After that we will receive a series of questionnaires, and evaluation committees will come. We will be evaluated by those committees in relation to how we apply the OECD standards and after each one gives us the green light, then we will join.

Luca Niculescu said that it is difficult to estimate when the effective accession of Romania to the OECD will occur, specifying that the criteria for this wave of expansion are somewhat higher than in the past.

Translated by: Radu Matei

Etichete : oecd romania
President Nicusor Dan says that the state must regain the trust of its citizens
News in English 17 Iulie 2025, 15:16

President Nicusor Dan says that the state must regain the trust of its citizens

President Nicusor Dan emphasized the importance of the work carried out by the employees of the Ministry of Internal Affairs...

President Nicusor Dan says that the state must regain the trust of its citizens
In Bucharest, the average net salary is almost 5.700 lei
News in English 17 Iulie 2025, 15:14

In Bucharest, the average net salary is almost 5.700 lei

Employees in the capital earn the most, with an average net salary of 5.665 lei per month. They are followed by those in...

In Bucharest, the average net salary is almost 5.700 lei
EC in Bucharest. At stake: Eight billion euros through NRRP
News in English 15 Iulie 2025, 16:29

EC in Bucharest. At stake: Eight billion euros through NRRP

This is an important week for Romania in terms of revising the National Recovery and Resilience Plan: European Commission...

EC in Bucharest. At stake: Eight billion euros through NRRP
Salary adjustments at the top of companies under the Ministry of Development
News in English 15 Iulie 2025, 16:27

Salary adjustments at the top of companies under the Ministry of Development

The salaries of members of the management of units under the Ministry of Development and the allowances of members of the...

Salary adjustments at the top of companies under the Ministry of Development
Regulations adopted during the government meeting
News in English 14 Iulie 2025, 16:48

Regulations adopted during the government meeting

Before the no-confidence motion, the government also held a meeting. It adopted the National Strategy for Combating...

Regulations adopted during the government meeting
President Nicusor Dan still believes that the VAT increase could have been avoided by the government
News in English 14 Iulie 2025, 16:47

President Nicusor Dan still believes that the VAT increase could have been avoided by the government

President Nicusor Dan still believes that the VAT increase could have been avoided by the government. In a lengthy press...

President Nicusor Dan still believes that the VAT increase could have been avoided by the government
Less than a month after taking office, the Bolojan government faces its first motion of no confidence
News in English 14 Iulie 2025, 11:28

Less than a month after taking office, the Bolojan government faces its first motion of no confidence

The opposition parties AUR, SOS, and POT are trying to block the austerity measures taken by the executive to reduce the...

Less than a month after taking office, the Bolojan government faces its first motion of no confidence
Romanian president discusses measures to reduce budget deficit
News in English 14 Iulie 2025, 11:27

Romanian president discusses measures to reduce budget deficit

President Nicusor Dan is holding a press conference in which he is expected to give his opinion on the first package of...

Romanian president discusses measures to reduce budget deficit