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Opening ceremony of the OECD Eurasia Week 2023, December 2023

· Mathias Cormann, Secretary-General of the OECD (International)

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics, growth, investment and productivity

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· Mathias Cormann Wiki · OECD WikiOpening ceremony of the OECD Eurasia Week 2023, December 2023

ContextMr. Mathias Cormann, OECD Secretary General, gave remarks at the high-level opening ceremony of the OECD Eurasia Week 2023 on 13 December 2023.

Why it mattersCormann urges Central Asian governments to cut barriers that deter foreign investment.

Problems raised
  1. The pandemic and Russia's war against Ukraine hit the Eurasia region hard.
  2. Barriers and red tape still discourage foreign investment in the region.
  3. The legal environment for business in Central Asia needs improvement.
Solutions proposed
  1. Use the OECD FDI Regulatory Restrictiveness Index to cut unnecessary barriers.
  2. Apply the recommendations of the OECD report on the Central Asian business environment.
  3. Deepen regional cooperation through the OECD Eurasia programme.
Read full speech on oecd.org ↗

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