{"id":46767,"date":"2024-01-17T22:18:12","date_gmt":"2024-01-17T19:18:12","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=46767"},"modified":"2026-03-28T04:58:03","modified_gmt":"2026-03-28T01:58:03","slug":"saudi-arabia-oecd-agree-to-boost-cooperation-on-wide-range-of-public-policy-initiatives","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/saudi-arabia-oecd-agree-to-boost-cooperation-on-wide-range-of-public-policy-initiatives\/","title":{"rendered":"Saudi Arabia, OECD agree to boost cooperation on wide range of public policy initiatives\u00a0"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Saudi Arabia and OECD sign MoU at World Economic Forum Annual Meeting 2024 to expand cooperation on economic and<\/em><em>&nbsp;governance policies<\/em><strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Davos-Switzerland<\/strong><strong>,<\/strong><strong>&nbsp;<\/strong><strong>17<\/strong><strong>&nbsp;January 2024<\/strong><strong>:<\/strong><strong><\/strong><strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Kingdom of Saudi Arabia and the Organisation for Economic Co-operation and Development (OECD) today signed a&nbsp;Memorandum of&nbsp;Understanding (MoU) to enhance cooperation on a&nbsp;wide range of public policy initiatives in areas including&nbsp;the&nbsp;economy, tax,&nbsp;corporate governance and sustainability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The strategic partnership, signed during the World Economic Forum (WEF) Annual Meeting 2024 in Davos, Switzerland, reflects the Kingdom\u2019s solutions-oriented approach to multilateralism and its willingness to build balanced and collaborative institutional frameworks for sustained prosperity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, said the Saudi-OECD partnership would further boost the Kingdom\u2019s thriving investment landscape through collaborative policies and regulations that promote competitive private sector partcipation in Saudi Arabia\u2019s rapidly diversifying economy.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cInternational partnerships with organizations such as the OECD are key to continuously enhancing our institutional capabilities and facilitating knowledge and technology transfers. Under this partnership with the OECD, we will further develop robust public policies that align with international best practices and can further drive the momentum of Saudi Vision 2030.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The collaboration will take various forms, including joint research, information exchange, the sharing of statistical data, the organization of meetings and events, and support for Saudi Arabia&#8217;s alignment with OECD standards, which includes evaluation and comparative analyses of policy practices.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saudi Arabia already participates in nine OECD committees and adheres to seven OECD legal instruments. The collaboration will deepen the Kingdom\u2019s cooperation with the organization in policy areas including public governance and regulatory policy, skills and education, corporate governance and finance, investment policy, anti-corruption, and trade facilitation.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The partnership emphasizes a commitment to good governance, integrity, transparency, and evidence-based policy.&nbsp;As Saudi Arabia progresses with Saudi Vision 2030, global collaborations will play a pivotal role in shaping policies that foster economic growth, environmental sustainability, and social development.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/01\/sul_8234s_1705497205_ssict_1000_666.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"666\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/01\/sul_8234s_1705497205_ssict_1000_666.webp\" alt=\"sul_8234s_1705497205_ssict_1000_666\" class=\"wp-image-46768\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/01\/sul_8234s_1705497205_ssict_1000_666.webp 1000w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/01\/sul_8234s_1705497205_ssict_1000_666-300x200.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/01\/sul_8234s_1705497205_ssict_1000_666-768x511.webp 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia and OECD sign MoU at World Economic Forum Annual Meeting 2024 to expand cooperation on economic and&nbsp;governance policies Davos-Switzerland,&nbsp;17&nbsp;January 2024: The Kingdom of Saudi Arabia and the Organisation for Economic Co-operation and Development (OECD) today signed a&nbsp;Memorandum of&nbsp;Understanding (MoU) to enhance cooperation on a&nbsp;wide range of public policy initiatives in areas including&nbsp;the&nbsp;economy, tax,&nbsp;corporate [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":46769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-46767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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