Raiffeisen Bank CEO: We want Romania to go up 10 places in three years in OECD ranking

The Coalition for the Development of Romania (CDR) hopes Romania would climb ten places in the next three years in the competitiveness ranking drawn up by the Organisation for Economic Co-operation and Development OECD, said Steven Van Groningen, CEO Raiffeisen Bank Romania, reports local Agerpres. This achievement would be based on a dialogue with the Romanian Government. “The Coalition for the Development of Romania is a form of collaboration created over a year ago, it is a form of informal collaboration, not a legal structure. The current members are 20 business associations and 17 associate members that have the status of observers. It’s an open structure created based on the idea to improve the dialogue with the government,” said Van Groningen, as representative of CDR, at the end of the signing ceremony for the document “The understanding of establishment of a consultation platform between the Romanian Government and the Coalition for the Development of Romania". He added that in many cases investors face an “environment that is not always predictable, which is not very helpful for economic growth”. “Romania has made huge efforts to create a stable environment from the macroeconomic point of view. It’s important now to create a stable and predictable environment in terms of legislation. […] One of the objectives we’ve set is to climb ten places in three years in the competitiveness ranking made annually by OECD. And if we continue with the dialogue as we did in the last three months, I think this is something we can achieve,” he added, cited by Agerpres. More about Romania and the OECD, here. The OECD, established in 1961, includes 34 members, and Romania is not yet a member of the organization. Romania is represented at the reunions of 19 OECD working groups, and experts from approximately 14 ministries and government agencies take part in these reunions. The Ministry of Foreign Affairs has a co-ordinating role on Romania’s relationship with the OECD. Irina Popescu, irina.popescu@romania-insider.com