On the 4th October 2024, the Hon Prime Minister met with the Head of the Organization for Economic Cooperation and Development (OECD) Mr. Mathias Cormann.
The purpose of this meeting was the Hon Prime Minister to seek clarification, guidance and assistance on Vanuatu's blacklist Status and the difficulties it faces in Corresponding Banking.
The meeting was very positive.
The Head of OECD explained the complexities surrounding this issue which is very critical to Vanuatu's economy and offered to assist the Government to positively navigate through this matter.