Cooperation with OECD
Azerbaijan obtained the guest status at the Development Assistance Committee (DAC) of the Organization for Economic Cooperation and Development (OECD) as a result of the purposeful work done by AIDA since 2015.
OECD is an intergovernmental economic organization founded in 1961, with the headquarters in Paris, and it unites 35 member countries with high-income economies. The main objective of the organization consists of promoting socio-economic policies and programs that foster the social welfare and living standards of the world's population. The organization serves as a platform for states to share their experiences based on mutual discussions, as well as to identify solutions to common challenges.
The Development Assistance Committee (DAC) is a forum designed to increase the effectiveness of cooperation between major donor countries and international organizations in support of development. The OECD DAC is the most influential international institution uniting donor countries. 29 donor countries are members of the Committee along with the World Bank, International Monetary Fund and United Nations Development Program which participate as observers. At present, 14 states are cooperating with the Committee in the guest status.
Holding guest status in the OECD DAC that brings together donor countries will contribute to improving the efficiency of donor activities carried out by Azerbaijan, further strengthening the image of our country on the international arena and the development of new partnerships.
AIDA submits reports to the OECD DAC on the Official Development Assistance (ODA) provided by Azerbaijan to the developing countries and international organizations.