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HomeBusinessEconomyCanada congratulates new secretary-general of the OECD

Canada congratulates new secretary-general of the OECD

By Caribbean News Global fav

OTTAWA, Canada – Marc Garneau, minister of foreign Affairs, on Monday, March 15 congratulated Mathias Cormann for being selected as the next secretary-general of the Organisation for Economic Co-operation and Development (OECD). Cormann will take office on June 1, 2021, for a 5-year term, succeeding current OECD secretary-general Ángel Gurría.

The OECD was established in 1961, with Canada as a founding member. Its mandate is to promote better policies for sustainable economic growth, employment, and a rising standard of living through open and stable markets and mutually supportive economic and social policies.

“The OECD will have a vital role to play as we look for the best ways to enable a green and inclusive recovery from the pandemic. The new secretary-general’s strong background in economic issues and international affairs will serve us well in the years ahead. We look forward to working with Cormann to advance our shared priorities,” said, minister of foreign affairs.

In a statement, Global Affairs Canada, said: “The OECD is an important institution for Canadians, and it will play a meaningful role in helping foster a green and inclusive economic recovery from the COVID-19 pandemic and advancing the Sustainable Development Goals. The new secretary-general arrives at an important global moment and will play a crucial role in positioning the OECD to effectively support its members to grapple with an evolving range of pressing challenges. Canada has full confidence that Cormann brings the necessary skills, expertise and vision to the role.”

“Canada is committed to working with OECD members and the new secretary-general to pursue shared priorities, including advancing gender equality, enabling inclusive, sustainable and resilient economies, adopting an agreed approach to digital taxation, advancing climate action, fostering trade liberalization and leveraging artificial intelligence,” a Global Affairs Canada statement said.

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