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Luca Niculescu, about Romania's accession to OECD: We are on time, process is very alert

June 13, 2024

„Romania is “on time” in the process of joining the Organisation for Economic Co-operation and Development (OECD). Now we are in the stage in which hearings have already started”, said Luca Niculescu, the national coordinator for Romania's accession to OECD on Thursday.   “In June 2022, OECD sent us a road map with all stages to be fulfilled for accession. We answered immediately, that is a few months later, in an initial memorandum, a document of 1,000 pages for which all institutions in Romania worked. We presented our estimates for adopting OECD practices, pricedures, and standards which we sent on December 15, 2022. All 26 committees sent a lot of questions, over 10,000 and hundreds of questionnaires. Until now we received 36 evaluation missions from committees ad many auditings. We are now in the stage when hearings, even final hearings in Paris have started”, said Niculescu at the AAFBR conference.   He declared that Romania applied for OECD accession in 2004 when Adrian Nastase was premier. Luca Niculescu referred to an interview granted by the US ambassador to Romania to the local press in which he said that Romania was the most advanced of the 7 candidate countries to OECD. He also pointed out that there was a target set by the premier for Romania's accession in 2026.   The Association of Financial-Banking Analysts from Romania (AAFBR) organized on Thursday ïts annual conference “Romania's path to excellence by joining the OECD elite”, an event that reached the 16th edition.   The 2024 AAFBR conference was devoted to the process of Romania's accession to OECD.

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