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Anti-monopoly Service ends work on integrating Russia into OECD

July 11, 2013, 14:04 UTC+3
Last week the OECD Competition Committee decided that Russia responded to the Organization’s standards and demands
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NOVO OGARYOVO, July 11 (Itar-Tass) - The Russian Federal Anti-Monopoly Service has ended the work on integrating Russia into the Organization for Economic Cooperation and Development (OECD), the Anti-Monopoly Service head, Igor Artemyev, said on Thursday.

“The three-year-long work has ended,” Artemyev told President Vladimir Putin.

He said last week the OECD Competition Committee decided that Russia responded to the Organization’s standards and demands. The Committee recognized that Russian legislation “is harmonized and we have the right to law enforcement. The Committee gave us the corresponding recommendations”, Artemyev said.

“The recommendations are not dangerous for us because they are aimed at improving the quality of economic analysis and the harmonization programme related to the use of the Criminal Code. Now such amendments have been approved by the Russian government and submitted to the State Duma,” the FAS head explained.

Last week Russia was granted the so-called world rating of anti-monopoly bodies. “The rating involves the countries, which have harmonized legislation. By approving the amendments Russia entered this rating,” Artemyev said.

“We are among the countries as Italy, the Netherlands and Austria with the grade of G. In general, we’re satisfied with this,” he stressed.

“The OECD and the International Competition Network are the most important organizations, which ‘lead the fashion’ in our international sphere. They assessed Russia equally what was done and what should be done,” Artemyev said.

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