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Deputy Minister Velislava Petrova participated in OECD High Level Conference on Southeast Europe

19 May 2022 Events and Discussions

Ms. Velislava Petrova, Deputy Minister of Foreign Affairs, participated as a panelist in the OECD High Level Conference on Southeast Europe on "Human Capital Flight - Shaping the Future Together". The event, organized within the framework of the OECD Regional Program for Southeast Europe, took place on May 17th, 2022 in Paris.


A new report by the Organisation on Labor Migration Trends in the Western Balkans was presented at the Conference, launching discussions focused on ways to strengthen the local labor market and human capital in the Western Balkans. Deputy Minister Petrova took part in the second ministerial panel "Talent Transformation in South East Europe" together with representatives from Albania, Serbia, Montenegro and Romania. She acquainted the audience with the policy of Bulgaria to promote and support digital transformation, emphasizing the opportunities and challenges associated with the introduction of new technologies. She noted that investing in young people is key to achieving a better future for the region. The Bulgarian Deputy Minister also stressed the importance of regional cooperation in building an attractive image of the region of Southeast Europe as a place where young people can develop and realize their potential.


"The conference is an excellent opportunity to discuss the challenges we all face, share experiences and learn from each other. OECD best practices and standards set the guiding principles for developing effective policy responses. As a candidate country, Bulgaria is committed to implementing and promoting these high standards in the SEE region in the interests of our citizens and businesses, “said Deputy Minister Petrova.


In the margins of the conference, Deputy Minister Petrova held a meeting with OECD Secretary General Mathias Cormann. She stressed that our country appreciates the decision of the OECD Council on January 25th, 2022 to start accession discussions with OECD candidate countries. She expressed gratitude to Mathias Cormann for his active and consistent position in favor of this decision. She expressed hope that we would soon receive the Accession Roadmap, which sets out the terms and conditions of the accession process.


Ms. Velislava Petrova emphasized that Bulgaria is able and willing to contribute to the promotion of OECD values ​​and standards in Southeast Europe. Deputy Minister Petrova renewed the invitation to the OECD Secretary General to visit Bulgaria by the end of this year.


The Organisation for Economic Cooperation and Development was established in 1961 to promote sustainable economic development policies, raise living standards and maintain financial stability. Over the years, it has established itself as a global forum with a leading role in the exchange of knowledge, experience and good practices, and in the development and implementation of internationally recognized standards in a number of key economic and social spheres.


Bulgaria has officially stated its desire to join the OECD in 2007, consistently reaffirming its intention over the years. On January 25th, 2022, the OECD Council decided to open accession discussions with the six candidate countries - Argentina, Brazil, Bulgaria, Peru, Romania, Croatia.

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