'Informal dialogue with Dynamic non-Member Economies)
(12)
Initiated in 1989, the informal dialogue with Hong Kong, Korea, Malaysia, Singapore, Taiwan and Thailand has proved substantial and useful. This year, Argentina, Brazil, Chile and Mexico also will participate. Ministers ask that this dialogue with Dynamic non-Member Economies be deepened further, and the possibility be considered of developing informal contacts and discussions with countries which become important players on the world economic scene, such as China or India.
(Central and Eastern European Countries and Newly-Independent States)
24.
Reform has made uneven progress in the CEECS and the NIS, whose situations are becoming increasingly diversified. In several CEECS, macroeconomic stabilisation is now clearly under way, the basic legal and institutional framework of a market economy is in place, and signs of an upturn have appeared. In most of the NIS however, including Russia, output is falling, macroeconomic imbalances have worsened and systemic reform has been insufficient. It is of historical importance that resolute efforts be made by all these countries, with the support of OECD countries, to make the transition
a
success.
25.
Ministers express satisfaction at the manner in which the OECD, through its Centre for Co-operation with European Economies in Transition (CCEET), is helping the reform process principally by providing, in a variety of ways, technical assistance for policy formulation and reform of governance. The Partners in Transition (PIT) programmes have proved particularly effective for