The Organisation for Economic Co-operation and Development (OECD) is an international economic organization of advanced countries committed to democracy and market economy. The OECD was established in 1948 under a title of Organisation for European Economic Co-operation (OEEC) for coordination of the economic programs for the reconstruction of Europe and the Marshall Plan`s implementation.
Until the mid-1990s, the OECD membership was limited to advanced countries. On June 1993, it was decided to expand cooperation with interested developing countries. The Declaration on Co-operation between OECD and the Russian Federation was signed on June 8, 1994. The first working cooperation programme between the OECD and the Russian Federation was approved in 1995.
On 16 May 2007, the OECD Council at Ministerial Level at the meeting in Paris, France decided to open discussion with Russia on accession it to the OECD. On 30 November 2007, the OECD Council approved the “Roadmap for the Accession of the Russian Federation to the OECD”. This Roadmap includes a general description of the process as well as a list of legal substantive instruments adopted within the OECD, Russia was requested to put forward its position with regard to these documents provisions.
The Voice of OECD Business
The Business and Industry Advisory Committee to the OECD (BIAC) is the main and most representative independent international business association of the OECD countries. BIAC deliberates on the strategic decisions promoting business interests to be implemented in the national legislations.
BIAC principal objectives include:
Positively influencing the direction of OECD policy initiatives;
Ensuring business and industry needs are adequately addressed in OECD policy decision instruments (policy advocacy), which influence national legislation;
Providing members with timely information on OECD policies and their implications for business and industry.
BIAC’s members include major business organisations of the OECD member countries. BIAC’s observers are represented by the leading business and industry associations of non-OECD member countries.
RSPP status of BIAC observer provides opportunity for a full engagement in various BIAC bodies’ activities: developing draft documents, finalizing reports and consulting on strategic decisions, participation in meetings with the OECD executive management and government delegations. In addition the BIAC membership provides access to a wide OECD policy documents database and support to proactive participation in global multilateral business fora decision-making.