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The Mission of the Organization for Economic Co-operation and Development (OECD) has begun working in the State Property Fund

On April 16-18, 2018, within the framework of an official visit to Ukraine, the officials and experts from the Organization for Economic Co-operation and Development (OECD), in particular the former Senior Financial Advisor to the Prime Minister of Finland on issues of policy management of state assets – Arto Honkaniemi, will hold, among other things, meetings with management and specialists of the State Property Fund of Ukraine, the Ministry of Energy and Coal Industry of Ukraine, the heads of the companies included in the management of the Fund, as well as with a number of audit companies.

Such meetings will serve as an in-depth study of the state sector of Ukraine's economy for the implementation of the Fourth Round of Monitoring of the Istanbul Anti-Corruption Action Plan approved by the Organization for Economic Co-operation and Development's Anti-Corruption Network (OECD).

The State Property Fund of Ukraine acts as a reliable partner for the OECD in the processes of research and assessment of the quality of corporate governance of the state's rights.

Thus, a number of joint-stock companies that are part of the management of the Fund, in particular: PJSC “Khmelnytskoblenergo” and PJSC “Turboatom” participated in the development of a special questionnaire for the OECD on issues of corporate governance and corruption prevention.

 

For reference: Ukraine is a member of the Istanbul Action Plan of the OECD Anti-Corruption Network since 2003. The Istanbul Action Plan is an international agreement, the main principles of which are the development of an effective and transparent civil service system, strengthening the fight against bribery, ensuring business integrity and supporting the active participation of the public in reforms.