EEC and OECD discussed main areas of cooperation in modern conditions

Bakhyt Sultanov, Minister in charge of Competition and Antitrust Regulation of the Eurasian Economic Commission, and Frederic Jenny, Chairman of the Competition Committee of the Organization for Economic Cooperation and Development (OECD), discussed key issues and areas for further cooperation. The meeting was held at the venue of the Competition Open Day in Paris.

"The Commission takes an active part in OECD events such as seminars of the OECD Regional Center for Competition in Budapest, Competition Open Day, Global Forum. For example, more than 50 employees of the EEC Competition Unit took part in the seminars held by the Hungarian Competition Center, and now, they are applying the acquired knowledge in practice. Besides, they shared our experience with foreign colleagues, which is also important," Bakhyt Sultanov said during his conversation with the Chairman of the OECD Competition Committee. 

He told how the EEC was implementing the OECD's recommendations received as part of an expert review of legal regulation and competition policy in the Eurasian Economic Union. The review provides the detailed analysis of the EAEU's legislative framework and law enforcement in competition conducted by the experts of the international organization.

"Amending regional legislation is not an easy task. It requires obtaining the approval of all Eurasian "five" countries. The experience of such an authoritative organization as the OECD is a significant support for us," said the EEC Minister. 

The parties noted the importance of continuing cooperation on competition issues at other venues as well. In particular, following the meeting, the parties agreed that the OECD would assist the Commission on the site of the International Competition Network (ICN).

 For reference

Competition Open Day is an OECD event that has been regularly gathering the relevant global expert community since 2019.