You're reading: Organization for Economic Cooperation and Development suspends Russian accession process

The Organization for Economic Cooperation and Development has suspended Russia's accession process to the organization.

“Further to a meeting of its governing Council on 12 March 2014, the
OECD has postponed activities related to the accession process of the
Russian Federation to the OECD for the time being,” the OECD said in a
statement.

“At the request of the Members of the Organization, the Secretary
General has informed the Russian Federation accordingly,” the OECD said.

“OECD Member countries also agreed that the OECD should respond
positively to Ukraine’s request to further strengthen existing
OECD-Ukraine co-operation to take advantage of the OECD’s expertise to
address the public policy challenges it faces,” it said.