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Thursday, October 19th, 2017

DAR HOLDS BILATERAL MEETING WITH SECRETARY GENERAL (OECD) Islamabad

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Finance Minister Senator Mohammad Ishaq Dar held bilateral meeting with Mr. Angel Gurria, Secretary General, Organization of Economic Cooperation and Development (OECD) in Paris. This was his second meeting with OECD Secretary General in the last three years.

The Finance Minister informed the Secretary General that the OECD Multilateral Convention on Mutual Administrative assistance in Tax Matters, which he signed on 14th September, 2016 in Paris has been ratified by the Pakistani Cabinet. He added that Pakistani Cabinet also authorized the Finance Minister for processing Pakistan’s membership to Open Government Partnership (OGP). Accordingly, he handed over Pakistan’s Letter of Intent for joining OGP to the French President Francois Hollande in the OGP Global Summit held in Paris.

Secretary General OECD welcomed Pakistan’s membership to OGP which coupled with Pakistan’s active engagements with OECD clearly demonstrate Pakistan’s commitment to join the international mainstream fora to adopt their best practices and to a transparent and accountable governing structure. He invited Pakistan to join OECD Development Centre and offered OECD’s technical help for developing Pakistan’s National Action Plan for OGP.

Senator Ishaq Dar shared with OECD Secretary General that Pakistan is currently working to meet the OECD criteria and parameters to formally apply for accession to OECD Convention on Combating Bribery.

Earlier, the Finance Minister met with Sir Eric Pickels, Head of UK Anti-Corruption on the sidelines of OGP Summit. Sir Eric congratulated the Finance Minister on joining OGP. The Minister informed Sir Eric that Pakistan was the first country to issue a Tax Directory of parliamentarians and the fourth country to publish General Tax Directory of tax payers for the three consecutive years. They also discussed matters relating to transparency and good governance.

Mr. Denis Simonneau, the Head of European and International Relations, ENGIE, a leading French energy company also called on the Finance Minister at the Embassy of Pakistan in Paris and expressed interest of his corporate group to cooperate in the field of energy in Pakistan.

All the meetings were also attended by Mr. Tariq Bajwa, Secretary Economic Affairs Division, Ambassador Moin ul Haq and Embassy team.

Source: Ministry of Information, Broadcasting and National Heritage

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