First Meeting of the Regional Network of Legal and Technical Experts on Transport Facilitation Feb. 2014, Phuket, Thailand

Size: px
Start display at page:

Download "First Meeting of the Regional Network of Legal and Technical Experts on Transport Facilitation Feb. 2014, Phuket, Thailand"

Transcription

1 First Meeting of the Regional Network of Legal and Technical Experts on Transport Facilitation Feb. 2014, Phuket, Thailand Comparative analysis of ECO Transit Transport Framework Agreement and Basic Multilateral Agreement on International Transport for Development of the Europe the Caucasus Asia Corridor Eldaniz Valiyev

2 Contents Introduction General information on ECO Transit Transport Framework Agreement and Basic Multilateral Agreement on International Transport for Development of the Europe the Caucasus Asia Corridor Similarities Differences

3 Introduction Following the globalization of the economy, international transport facilitation has become vital to ensure economic growth and employment of all the sectors of the economy. Ensuring the full implementation of the key multilateral transport facilitation instruments, such as the ECO Transit Transport Framework Agreement and the Basic Multilateral Agreement on International Transport for Development of the Europe the Caucasus Asia Corridor will create a favorable environment for sustainable development. Strong support given by all the governments of the contracting countries to the above mentioned agreements, by international governmental organizations and financial institutions involved in the economic development and transport facilitation such as the UNESCAP, TRACECA, ECO, World bank, Asian Development Bank, EBRD etc. are the best proofs that the role of international transport facilitation has been recognized by the all concerned parties.

4 General information on ECO Transit Transport Framework Agreement and Basic Multilateral Agreement on International Transport for Development of the Europe the Caucasus Asia Corridor ECO Transit Transport Framework Agreement Signed: Almaty, 9th May Entry into force: 19th May Signatories (9 states) : Islamic Republic of Afghanistan, Republic of Azerbaijan, Islamic Republic of Iran, Republic of Kazakhstan, Kyrgyz Republic, Islamic Republic of Pakistan, Republic of Tajikistan, Republic of Turkey, Turkmenistan (all ECO member states except Uzbekistan). Parties (Ratified) (8 states) : Islamic Republic of Afghanistan, Republic of Azerbaijan, Islamic Republic of Iran, Republic of Kazakhstan, Kyrgyz Republic, Islamic Republic of Pakistan, Republic of Tajikistan, Republic of Turkey (all ECO member states except Turkmenistan and Uzbekistan). Depository: ECO Secretariat. Structure of the Agreement: Preamble, 45 Articles divided into 12 Parts + 8 Annexes to the Agreement

5 General information on ECO Transit Transport Framework Agreement and Basic Multilateral Agreement on International Transport for Development of the Europe the Caucasus Asia Corridor Basic Multilateral Agreement on International Transport for Development of the Europe the Caucasus Asia Corridor Signed: Baku, 8th September Entry into force: 16th March Parties (Ratification, accession, definite signature) (13states) : Azerbaijan, Armenia, Bulgaria, Georgia, Iran, Kazakhstan, Kyrgyzstan, Moldova, Romania, Tajikistan, Turkey, Ukraine, Uzbekistan Depository: The Republic of Azerbaijan. Structure of the Agreement: Preamble, 16 Articles + 4 Technical Annexes to the Basic Agreement + 3 Protocols on Amendments.

6 Similarities The objectives of both agreements are almost the same: to facilitate the movement and to ensure the safety of goods and passengers; to harmonize transport policy and the legal framework in the field of transport. Some definitions used in the agreements are very much alike, for example: carrier, permit. Access to the market: each Contracting Party allows the use of road transport registered in another Contracting Party to provide transit services on its territory. Where road transport permits are prescribed, such permits are issued in accordance with domestic legislation of the Contracting Parties.

7 Similarities The Contracting Parties recognize driving licenses issued by other Contracting Parties which are valid for the category of vehicle used in transit traffic. The Contracting Parties recognize certificates of road worthiness issued by other Contracting Parties. The Contracting Parties undertake to align their documents to the United Nations layout key for trade documents. Relationship with other agreements: both agreements shall not affect the rights and obligations of the Parties arising from other international conventions and agreements to which they are parties.

8 Similarities The Contracting Parties undertake to harmonize and simplify their rules, regulations and administrative procedures relating to transit transport. Dispute settlement process: any dispute, controversy or claim between the Parties is settled by negotiation (TRACECA) or consultation (TTFA). If not, it shall be referred for consideration to the IGC (TRACECA) or TTCC (TTFA). The next stage is arbitration and then the International Court of Justice.

9 Differences Insurance: TTFA stipulates that The Contracting Parties apply the provisions of the Uniform Agreement between Bureaux which are responsible for the management and operation of the Green Card System among themselves. The Contracting Parties which are not yet parties to the International Green Card Systems take necessary steps to sign the said Agreement. The Contracting Parties use an interim motor vehicle third party liability insurance scheme unless all the Contracting Parties accede to the International Green Card System. The order and terms of implementation of this interim insurance scheme are determined by the Insurance Sub Committee of the Transit Transport Coordination Council. The latter determines the insurance tariffs and prepares the provisions relating to the receiving of the premiums and payment of the claims, prepares the draft of multilateral insurance agreement among the Contracting Parties, prepares Motor Vehicle Third Party liabilities insurance policy. There is no any special provision in TRACECA regarding insurance.

10 Differences Special provisions on minimum technical characteristics of roads are not provided in TRACECA, while Annex II of TTFA clarifies that in respect to the roads prescribed for international transit transportations The Contracting Parties will apply the provisions of the Annex II and III to the European Agreement on Main International Traffic Arteries (AGR, 1975). During the construction of new international traffic arteries and the modernization of the existing network, the relevant authorities of Contracting Parties will ensure to create such conditions which would comply with the interests of carriers concerning the sizes, axle load and total weight of motor vehicles as envisaged in the Articles 4 and 5 of the Annex IV (Technical Requirements of Road Vehicles) to the TTFA. Besides, The Contracting Parties may agree upon other technical characteristics of roads through the TTCC.

11 Differences Special provisions on minimum technical characteristics of railway transport to be used by transit traffic are not provided in TRACECA, while Annex III of TTFA clarifies parameters of railway lines namely gauge, number of tracks, loading gauge (static), minimum distance between tract centers, nominal minimum speed and authorized axle load by the speed, maximum gradient and minimum useful siding length. Besides, Annex III of TTFA specifies operational parameters of trains, minimum standards for railway lines, terminals, intermediate stations and ferries. Annex IV of TTFA includes technical requirements of road vehicles specifically maximum axle loads and laden weights (at present and target for future) as well as maximum dimensions of vehicles (at present and target for future) whereas TRACECA says that weights and dimensions of laden or unladen motor vehicles shall be in conformity with the terms set out in the official registration documents for these motor vehicles and may not exceed the limits in force in the host Party.

12 Differences Annex VI of TTFA provides provisions on carriage of goods and passengers by road transport. The first shall be implemented according to the Convention on the Contract for the International Carriage of Goods by Road (CMR) of May 19, 1956, and the Protocol to this Convention (Geneva, 5 July, 1978). The latter includes provisions on passenger ticket, luggage registration, and liability for bodily injury of passengers, liability for loss or damages to luggage, amount of compensation for bodily injury of passengers, amount of compensation for loss or damage of luggage, compensation of the legal and other costs. TRACECA sets no special rules on carriage of goods and passengers by road transport. TIR: According to Annex VII of TTFA, TIR carnets are used for goods declaration when the traffic in transit are carried pursuant to the TIR Convention, 1975 except in countries which are not the signatory (Pakistan) to this Convention. The Contracting Parties while sending goods to such countries or vice versa will use the national goods declaration and consignment notes with particulars as given in the Addendum No.1 to this Annex. Besides Annex VII of TTFA specifies minimum requirements for customs seals and fastenings. All TRACECA countries are signatories to the TIR Convention, 1975.

13 THANK YOU

Article 1. General Provisions

Article 1. General Provisions Basic Multilateral Agreement on International Transport for Development of the Europe-the Caucasus-Asia corridor (Baku, 8 September 1998) (as amended by the Protocols on amendments of 09.11.2003 and 13.12.2007)

More information

FREEDOMS EXTENDED TO INTERNATIONAL ROAD TRANSPORT

FREEDOMS EXTENDED TO INTERNATIONAL ROAD TRANSPORT FREEDOMS EXTENDED TO INTERNATIONAL ROAD TRANSPORT Overvie view w of the main applicable le multilateral legal instruments related to international road transport Overview of the main applicable multilateral

More information

Economic and Social Council

Economic and Social Council United Nations Economic and Social Council Distr.: General 24 September 2012 Original: English Economic Commission for Europe Inland Transport Committee Working Party on Road Transport 107 th session Geneva,

More information

Agricultural policy and trade in Central Asia and the South Caucasus in the context of WTO rules

Agricultural policy and trade in Central Asia and the South Caucasus in the context of WTO rules Agricultural policy and trade in Central Asia and the South Caucasus in the context of WTO rules IAMO Leibniz Institute of Agricultural Development in Transition Economies FAO Food and Agriculture Organization

More information

Agricultural Policy and Trade in Central Asia and the South Caucasus in the Context of WTO Rules. Lars Brink

Agricultural Policy and Trade in Central Asia and the South Caucasus in the Context of WTO Rules. Lars Brink Agricultural Policy and Trade in Central Asia and the South Caucasus in the Context of WTO Rules Selected Paper prepared for presentation at the International Agricultural Trade Research Consortium s (IATRC

More information

Current Topics in Eurasia

Current Topics in Eurasia Eurasia Regional Committee Current Topics in Eurasia İlhami ÖZTÜRK Board Member of Savings Deposit Insurance Fund Turkey Chairperson of IADI Eurasia Regional Committee March 14, 2018 Kyoto, Japan Outline

More information

TIR computerisation. Karachi, 17 November 2015 Islamabad, 19 November Tatiana Rey-Bellet, Project Manager

TIR computerisation. Karachi, 17 November 2015 Islamabad, 19 November Tatiana Rey-Bellet, Project Manager TIR computerisation Karachi, 17 November 2015 Islamabad, 19 November 2015 Tatiana Rey-Bellet, Project Manager TIR computerisation Realistic step towards fully paperless TIR system developed by the IRU

More information

APA & MAP COUNTRY GUIDE 2018 UKRAINE. New paths ahead for international tax controversy

APA & MAP COUNTRY GUIDE 2018 UKRAINE. New paths ahead for international tax controversy APA & MAP COUNTRY GUIDE 2018 UKRAINE New paths ahead for international tax controversy UKRAINE APA PROGRAM KEY FEATURES Competent authority Relevant provisions Types of APAs available Acceptance criteria

More information

The Energy Charter Treaty and Energy Security

The Energy Charter Treaty and Energy Security The Energy Charter Treaty and Energy Security OSCE Conference Strengthening Regional Cooperation in Central Asia for Promoting Stable and Reliable Energy within Eurasia Ashgabat, 3-4 May 2010 Olga Sorokina

More information

INTERNAL AUDIT DIVISION REPORT 2019/010. Audit of management of the Transport International Routier Trust Fund at the Economic Commission for Europe

INTERNAL AUDIT DIVISION REPORT 2019/010. Audit of management of the Transport International Routier Trust Fund at the Economic Commission for Europe INTERNAL AUDIT DIVISION REPORT 2019/010 Audit of management of the Transport International Routier Trust Fund at the Economic Commission for Europe Controls over governance and financial management need

More information

Reimbursable Advisory Services in Europe and Central Asia (ECA)

Reimbursable Advisory Services in Europe and Central Asia (ECA) Reimbursable Advisory Services in Europe and Central Asia (ECA) Expanding Options for Our Clients: Global Knowledge, Strategy, and Local Solutions REIMBURSABLE ADVISORY SERVICES (RAS): What Are They? RAS

More information

Economic and Social Council

Economic and Social Council United Nations ECE/MP.PP/WG.1/2011/L.7 Economic and Social Council Distr.: Limited 25 November 2010 Original: English Economic Commission for Europe Meeting of the Parties to the Convention on Access to

More information

THE NEED TO ADDRESS FINANCIAL MARKETS DEVELOPMENT IN THE REGION

THE NEED TO ADDRESS FINANCIAL MARKETS DEVELOPMENT IN THE REGION SOUTH CAUCASUS AND UKRAINE INITIATIVE THE NEED TO ADDRESS FINANCIAL MARKETS DEVELOPMENT IN THE REGION Working Group on Financial Markets Development and Impact of Central Banks 17 November 2009 Warsaw,

More information

Olivier Le Ber Lead Transport Specialist World Bank

Olivier Le Ber Lead Transport Specialist World Bank World Bank Transport Projects in TRACECA Countries Olivier Le Ber Lead Transport Specialist World Bank 2 WB has 16 transport projects total US$ 4.8 billion in TRACECA countries (3 projects under preparation)

More information

Ukraine. WTS Global Country TP Guide Last Update: December Legal Basis

Ukraine. WTS Global Country TP Guide Last Update: December Legal Basis Ukraine WTS Global Country TP Guide Last Update: December 2017 1. Legal Basis Is there a legal requirement to prepare TP documentation? Since when does a TP documentation requirement exist in your country?

More information

Cross-Border Tax Regimes. Steven Sieker Partner, Baker McKenzie 28 June 2018

Cross-Border Tax Regimes. Steven Sieker Partner, Baker McKenzie 28 June 2018 Cross-Border Tax Regimes Steven Sieker Partner, Baker McKenzie 28 June 2018 Taxation in the Cross-Border Context Payer service recipient / borrower / IP licensee / employer payments for services rendered

More information

Official Journal of the European Union DECISIONS

Official Journal of the European Union DECISIONS L 17/40 23.1.2018 DECISIONS COUNCIL DECISION (CFSP) 2018/101 of 22 January 2018 on the promotion of effective arms export controls THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on European

More information

PROGRESS REPORT ON IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM

PROGRESS REPORT ON IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM ISLAMIC DEVELOPMENT BANK PROGRESS REPORT ON IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM 29 th Meeting of the Follow-up Committee of the COMCEC 14-15 May 2013 Ankara, Turkey PROGRESS

More information

Asia-Pacific Countries with Special Needs Development Report Investing in Infrastructure for an Inclusive and Sustainable Future

Asia-Pacific Countries with Special Needs Development Report Investing in Infrastructure for an Inclusive and Sustainable Future Asia-Pacific Countries with Special Needs Development Report 2017 Investing in Infrastructure for an Inclusive and Sustainable Future Manila, 30 August 2017 Countries with special needs Countries with

More information

Asia-Pacific Countries with Special Needs Development Report Investing in infrastructure for an inclusive and sustainable future

Asia-Pacific Countries with Special Needs Development Report Investing in infrastructure for an inclusive and sustainable future Asia-Pacific Countries with Special Needs Development Report 2017 Investing in infrastructure for an inclusive and sustainable future Tbilisi, 8 May 2017 Introduction Countries with special needs (CSN)

More information

Current Issues in International Tax Policy

Current Issues in International Tax Policy Current Issues in International Tax Policy Shigeto HIKI Director, International Tax Policy Division, Tax Bureau, Ministry of Finance, Japan The Fourth IMF-Japan High-Level Tax Conference For Asian Countries

More information

Export and import operations Tax & Legal, April 2017

Export and import operations Tax & Legal, April 2017 Export and import operations Tax & Legal, April 2017 Export and import operations Tax & Legal, April 2017 Effective trading operations in Uzbekistan Today Uzbekistan actively develops international trading.

More information

Working with the European Bank for Reconstruction and Development. Matti Hyyrynen 15 th March 2018

Working with the European Bank for Reconstruction and Development. Matti Hyyrynen 15 th March 2018 Working with the European Bank for Reconstruction and Development Matti Hyyrynen 15 th March 2018 EBRD Introduction An international financial institution supporting the development of sustainable well-functioning

More information

Development of Azerbaijan economy: main trends and perspectives. Hakan Ozalpay, Member of the Board Azerbaijan Turkey Businessmen Association

Development of Azerbaijan economy: main trends and perspectives. Hakan Ozalpay, Member of the Board Azerbaijan Turkey Businessmen Association Development of Azerbaijan economy: main trends and perspectives Hakan Ozalpay, Member of the Board Azerbaijan Turkey Businessmen Association The views expressed in this presentation are the views of the

More information

Services Policy Reform and Economic Growth in Transition Economies, Felix Eschenbach & Bernard Hoekman

Services Policy Reform and Economic Growth in Transition Economies, Felix Eschenbach & Bernard Hoekman Services Policy Reform and Economic Growth in Transition Economies, 1990-2004 Felix Eschenbach & Bernard Hoekman Question Asked & Stylized Facts Impact of service sector policy reforms on (differences

More information

INTERNATIONAL SUPPORT MEASURES TO NORTH AND CENTRAL ASIA LLDCs

INTERNATIONAL SUPPORT MEASURES TO NORTH AND CENTRAL ASIA LLDCs FOR PARTICIPANTS ONLY MPDD/CSN/HLAPPD/APOA/2013 ENGLISH ONLY 27 February 2013 ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC UNITED NATIONS ECONOMIC COMMISSION FOR EUROPE OFFICE OF HIGH REPRESENTATIVE

More information

Recycling Regional Savings for Closing Asia-Pacific s Infrastructure Gaps

Recycling Regional Savings for Closing Asia-Pacific s Infrastructure Gaps Recycling Regional Savings for Closing Asia-Pacific s Infrastructure Gaps Presentation at the Conference on Global Cooperation for Sustainable Growth and Development: Views from G20 Countries ICRIER, New

More information

ESTONIA. A table finally gives full description and precise details of the process step by step (see Table 1).

ESTONIA. A table finally gives full description and precise details of the process step by step (see Table 1). ENFORCEMENT OF CHARGES SURVEY ESTONIA First set of results are first presented on the basis of summary indicators relating to the amount a debtor could be expected to recover from the general case as described,

More information

Annex 7 - Action Fiche for ENPI Regional East Action Programme part II. TRACECA Maritime Safety and Security II (CRIS: ENPI/2011/ )

Annex 7 - Action Fiche for ENPI Regional East Action Programme part II. TRACECA Maritime Safety and Security II (CRIS: ENPI/2011/ ) Annex 7 - Action Fiche for ENPI Regional East Action Programme part II 1. IDENTIFICATION Title/Number Total cost Aid method / Method of implementation TRACECA Maritime Safety and Security II (CRIS: ENPI/2011/023-051)

More information

United Nations Commission on International Trade Law

United Nations Commission on International Trade Law Accession Kit for States intending to become Parties to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, New York Convention, 1958 Practical information on the accession process

More information

Performance of EBRD Private Equity Funds Portfolio to 31 st December 2011

Performance of EBRD Private Equity Funds Portfolio to 31 st December 2011 Performance of EBRD Private Equity Funds Portfolio to 31 st December 211 Portfolio Overview EBRD in Private Equity EBRD s portfolio of funds: 2 years of investing in the asset class 137 funds 92 fund managers*

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA) In the period January - April 2017 Bulgarian exports to the EU increased by 8.6% 2016 and amounted to 10 418.6 Million BGN

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA) In the period January - May 2017 Bulgarian exports to the EU increased by 10.8% 2016 and added up to 13 283.0 Million BGN (Annex,

More information

Section 872. Gross Income. Rev. Rul

Section 872. Gross Income. Rev. Rul Section 872. Gross Income (Also sections 883, 894.) 26 CFR 1.872 2: Exclusions from gross income of nonresident alien individuals. (Also 26 CFR 1.883 1.) This revenue ruling updates the list of countries

More information

REPORT ON: IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM

REPORT ON: IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM ISLAMIC DEVELOPMENT BANK REPORT ON: IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM 33 rd Session of the COMCEC (Istanbul, Turkey, 20-23 November 2017) IDB WTO-RELATED TECHNICAL ASSISTANCE

More information

Working with the European Bank for Reconstruction and Development in Cyprus

Working with the European Bank for Reconstruction and Development in Cyprus Working with the European Bank for Reconstruction and Development in Cyprus September 2017 What is the EBRD? An international financial institution, with the mandate to promote transition to modern and

More information

Equity Funds Portfolio Update. Data as of June 2012

Equity Funds Portfolio Update. Data as of June 2012 Equity Funds Portfolio Update Data as of June 2012 Equity Funds at a Glance Equity Funds Portfolio: 142 investments made Russia/CIS EUR 1.17bln committed 46 funds 29 Active 17 Liquidated Average Age of

More information

EU Investment Plan for Europe EBRD as a partner in implementation. Zsuzsanna Hargitai, Director, EU Funds Co-Financing & Financial Instruments, EBRD

EU Investment Plan for Europe EBRD as a partner in implementation. Zsuzsanna Hargitai, Director, EU Funds Co-Financing & Financial Instruments, EBRD EU Investment Plan for Europe EBRD as a partner in implementation Zsuzsanna Hargitai, Director, EU Funds Co-Financing & Financial Instruments, EBRD Brussels, 8 February 2017 Some distinctive features of

More information

APA & MAP COUNTRY GUIDE 2017 UNITED STATES

APA & MAP COUNTRY GUIDE 2017 UNITED STATES APA & MAP COUNTRY GUIDE 2017 UNITED STATES Managing uncertainty in the new tax environment UNITED STATES KEY FEATURES Competent authority APA provisions/ guidance Types of APAs available APA acceptance

More information

INVENTORY OF AGREEMENTS CONTAINING THE CNPF CLAUSE

INVENTORY OF AGREEMENTS CONTAINING THE CNPF CLAUSE INVENTORY OF AGREEMENTS CONTAINING THE CNPF CLAUSE Page 1 of 12 FOREWORD This report comprises an inventory of treaties concluded by the European Union (EU), the European Community (EC), the European Economic

More information

Summary of Findings, Recommendations and Lessons Learnt. 1st Meeting of the Programme Steering Committee. Chisinau, Moldova September 28 29, 2012

Summary of Findings, Recommendations and Lessons Learnt. 1st Meeting of the Programme Steering Committee. Chisinau, Moldova September 28 29, 2012 Improving capacities to eliminate and prevent recurrence of obsolete pesticides as a model for tackling unused hazardous chemicals in the former Soviet Union Summary of Findings, Recommendations and Lessons

More information

Modernizing Social Protection Program Delivery Systems

Modernizing Social Protection Program Delivery Systems Modernizing Social Protection Program Delivery Systems Robert Palacios, World Bank HDECA Regional Forum on Management Information Systems and Modernization of Social Protection Programs May 21-24, 2014,

More information

Assessing Corporate Governance in Investee Companies

Assessing Corporate Governance in Investee Companies Assessing Corporate Governance in Investee Companies Gian Piero Cigna Principal Counsel, Office of the General Counsel EBRD Third DFI Conference on Corporate Governance Tunis, 20 October 2008 Presentation

More information

States: Year in Review 2015

States: Year in Review 2015 INTERNATIONAL ARBITRATION TEAM International Investment Arbitration in the Commonwealth Elevator Speeches of Independent States: Year in Review 205 International investment arbitration also known as investment

More information

Overview of AML/CFT Framework of

Overview of AML/CFT Framework of Overview of AML/CFT Framework of The ISLAMIC REPUBLIC OF IRAN Feb 2013 2 TITLES 1. Legal-institutional framework on AML/CFT 2. Executive measures, Statistics, facts and figures 3. International Co-operation

More information

Ukraine s approach to attracting FDI Positive developments

Ukraine s approach to attracting FDI Positive developments Policy Briefing Series [PB/05/2012] Ukraine s approach to attracting FDI Positive developments Jörg Radeke & Ricardo Giucci German Advisory Group Ukraine Berlin/Kyiv, July 2012 Motivation In October 2011

More information

Accession to the WTO. Eurasian Economic Union members

Accession to the WTO. Eurasian Economic Union members Domestic support for EAEU agricultural producers and the rules of the WTO Food and Agriculture Organization of the United Nations FAO Eurasian Economic Commission EEC Workshop: WTO and Member States of

More information

EURASIAN ECONOMIC UNION: LEGAL FRAMEWORK MOSCOW, 13 NOVEMBER 2014

EURASIAN ECONOMIC UNION: LEGAL FRAMEWORK MOSCOW, 13 NOVEMBER 2014 EURASIAN ECONOMIC UNION: LEGAL FRAMEWORK MOSCOW, 13 NOVEMBER 2014 WHAT IS THE EURASIAN ECONOMIC UNION? The Eurasian Economic Union (the EEU) is an international organization of the regional economic integration

More information

REPORT ON: IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM

REPORT ON: IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM Annex-II ISLAMIC DEVELOPMENT BANK REPORT ON: IDB s WTO-RELATED TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM 32 nd Session of the COMCEC (Istanbul, Turkey, 21-24 November 2016) IDB WTO-RELATED TECHNICAL

More information

EBRD Mining Investments Invest Mongolia London, June Eric Rasmussen Director Natural Resources

EBRD Mining Investments Invest Mongolia London, June Eric Rasmussen Director Natural Resources EBRD Mining Investments Invest Mongolia London, June 2018 Eric Rasmussen Director Natural Resources Mining sector importance for the economies of EBRD Countries of Operations (COOs) Countries with high

More information

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%)

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%) Double Tax Treaties DTA Country Withholding Tax Rates (%) Albania 0 0 5/10 1 No No No Armenia 5/10 9 0 5/10 1 Yes 2 No Yes Australia 10 0 15 No No No Austria 0 0 10 No No No Azerbaijan 8 0 8 Yes No Yes

More information

Eurasia Group on Corporate Governance for Capital Market Development. Draft Meeting Agenda

Eurasia Group on Corporate Governance for Capital Market Development. Draft Meeting Agenda Eurasia Group on Corporate Governance for Capital Market Development Draft Meeting Agenda 27 September 2011 Almaty, Kazakhstan Hosted by In partnership with Background The Eurasia Group on Corporate Governance

More information

CACFish SECOND FIVE-YEAR REGIONAL WORK PROGRAMME ( )

CACFish SECOND FIVE-YEAR REGIONAL WORK PROGRAMME ( ) CACFish/V/2016/inf.5 September 2016 CENTRAL ASIAN AND CAUCASUS REGIONAL FISHERIES AND AQUACULTURE COMMISSION FIFTH SESSION 10-12 October, 2016 Tashkent, Uzbekistan CACFish SECOND FIVE-YEAR REGIONAL WORK

More information

Agenda 3. The research framework for compiling and analyzing income support scheme

Agenda 3. The research framework for compiling and analyzing income support scheme 2011 Expert Meeting Agenda 3. The research framework for compiling and analyzing income support scheme Yun Suk-myung Seoul 1 June 2011 Methodology Data & Information to be Compiled & Analyzed 2 Ⅰ. Methodology

More information

CIS DEBT MARKET STATISTICS

CIS DEBT MARKET STATISTICS Cbonds.ru Ltd. www.ru.cbonds.com Phone/Fax: + 7 (812) 336 9721 Pirogovskaya nab., 21, St. Petersburg Version of 20.12.2018 CIS DEBT MARKET STATISTICS Domestic market Government bonds - Market statistics

More information

GUIDE TO MEMBERSHIP IN THE ICSID CONVENTION

GUIDE TO MEMBERSHIP IN THE ICSID CONVENTION Introduction GUIDE TO MEMBERSHIP IN THE ICSID CONVENTION The International Centre for Settlement of Investment Disputes (ICSID) is an intergovernmental organization established in 1966 by the Convention

More information

Investment potential of Samarkand SAMARKAND 2018

Investment potential of Samarkand SAMARKAND 2018 Investment potential of Samarkand SAMARKAND 2018 The main facts about Samarkand Area 16.8 thns. km 2. Gold Uranium Population 3,7 million Copper Zinc Gas/oil Density Languages spoken Natural resources

More information

LEGISLATION OUTLINE. 1. Law on Conclusion and Implementation of International Treaties

LEGISLATION OUTLINE. 1. Law on Conclusion and Implementation of International Treaties Readmission Ministry of Interior of the Republic of Serbia General Police Directorate Administrative Affairs Directorate Travel Documents Department Section for implementation of readmission agreements

More information

TRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA)

TRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA) TRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA) In the period January - June 2018 the exports of goods from Bulgaria to the EU increased by 10.7% 2017 and amounted

More information

IV. TRANSPORT FACILITATION AND BILATERAL AGREEMENTS. Introduction

IV. TRANSPORT FACILITATION AND BILATERAL AGREEMENTS. Introduction IV. TRANSPORT FACILITATION AND BILATERAL AGREEMENTS Introduction The negotiation and conclusion of bilateral agreements were boosted by the geopolitical changes which took place in the early 90ies and

More information

Performance of EBRD Private Equity Funds Portfolio Data to 31 st December EBRD 2011, all rights reserved

Performance of EBRD Private Equity Funds Portfolio Data to 31 st December EBRD 2011, all rights reserved Performance of EBRD Private Equity Funds Portfolio Data to 31 st December 2010 0 Portfolio Overview 1 EBRD in Private Equity EBRD s portfolio of funds: over 15 years of investing in the asset class 133

More information

TWINNING: A TESTED EXPERIENCE IN A BROADER EUROPEAN CONTEXT

TWINNING: A TESTED EXPERIENCE IN A BROADER EUROPEAN CONTEXT TWINNING: A TESTED EXPERIENCE IN A BROADER EUROPEAN CONTEXT European Commission Directorate General Enlargement Institution Building Unit INTRODUCTION The Twinning programme was established in 1998 to

More information

Luxembourg and the EBRD

Luxembourg and the EBRD Luxembourg and the EBRD Cooperation between the EBRD and Luxembourg The EBRD and Luxembourg have collaborated extensively to support projects in the Western Balkans, the Caucasus and Central Asia, where

More information

KPMG Japan Tax Newsletter

KPMG Japan Tax Newsletter KPMG Japan Tax Newsletter 26 September 2017 NEW TAX TREATY WITH RUSSIA 1. Dividends (Article 10).. 2 2. Interest (Article 11).. 3 3. Royalties (Article 12)... 3 4. Capital Gains (Article 13). 4 5. Other

More information

UNION OF MANUFACTURERS AND BUSINESSMEN (EMPLOYERS) OF ARMENIA

UNION OF MANUFACTURERS AND BUSINESSMEN (EMPLOYERS) OF ARMENIA UNION OF MANUFACTURERS AND BUSINESSMEN (EMPLOYERS) OF ARMENIA UNION OF MANUFACTURERS AND BUSINESSMEN (EMPLOYERS) OF ARMENIA The UMB(E)A is a not-for-profit non-governmental organization that unites businessmen

More information

This is the right time to invest in Uzbekistan

This is the right time to invest in Uzbekistan This is the right time to invest in Uzbekistan Uzbekistan main facts Total area 448,000 km 2 Gold Uranium Total population 32 million Nukus Copper Zinc Gas/oil Density 76 people per km 2 Urgench Tashkent

More information

EP UNEP/OzL.Pro.WG.1/39/INF/2

EP UNEP/OzL.Pro.WG.1/39/INF/2 UNITED NATIONS EP UNEP/OzL.Pro.WG.1/39/INF/2 Distr.: General 26 May English only United Nations Environment Programme Open-ended Working Group of the Parties to the Montreal Protocol on Substances that

More information

Contents. Information online. Information within the Report or another EBRD publication.

Contents. Information online. Information within the Report or another EBRD publication. Contents The illustration on the cover of this publication was inspired in part by the theme of recovery and sustainable growth, and also by the roof tiles of St Mark s Church in Zagreb, Croatia, the location

More information

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008 Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008 1 EBRD in Private Equity EBRD s portfolio of funds: over 15 years of investing in the asset class

More information

Improving Regional Trade to Support Pakistan s Economic Growth 10th Annual Conference on Management of the Pakistan Economy

Improving Regional Trade to Support Pakistan s Economic Growth 10th Annual Conference on Management of the Pakistan Economy Improving Regional Trade to Support Pakistan s Economic Growth 10th Annual Conference on Management of the Pakistan Economy Lahore School of Economics 26-27 March, 2014 Dr. Manzoor Ahmad mahmad@usaidpakistantrade.org

More information

Doing Business 2015 Fact Sheet: Europe and Central Asia

Doing Business 2015 Fact Sheet: Europe and Central Asia Doing Business 2015 Fact Sheet: Europe and Central Asia Twenty-two of 26 economies in Europe and Central Asia implemented at least one regulatory reform making it easier to do business in the year from

More information

Eastern Europe and Central Asia

Eastern Europe and Central Asia Eastern Europe and Central Asia Financial Resource Flows and Revised Cost Estimates for Population Activities Twenty years ago, the landmark International Conference on Population and Development put people

More information

Doing Business 2012 Fact Sheet: Summary of Doing Business Reforms in Eastern Europe and Central Asia

Doing Business 2012 Fact Sheet: Summary of Doing Business Reforms in Eastern Europe and Central Asia Doing Business 2012 Fact Sheet: Summary of Doing Business Reforms in Eastern Europe and Central Asia Albania made property registration easier by setting time limits for the land registry to register a

More information

Financing the MDG Gaps in the Asia-Pacific

Financing the MDG Gaps in the Asia-Pacific Financing the MDG Gaps in the Asia-Pacific Dr. Nagesh Kumar Chief Economist, ESCAP And Director, ESCAP Subregional Office for South and South-West Asia, New Delhi 1 2 Outline Closing the poverty gap: interactions

More information

INTERNAL REGULATIONS PREAMBLE

INTERNAL REGULATIONS PREAMBLE COUNCIL OF BUREAUX CONSEIL DES BUREAUX INTERNAL REGULATIONS PREAMBLE (1) Whereas in 1949 the Working Party on Road Transport of the Inland Transport Committee of the Economic Commission for Europe of the

More information

Anti-Corruption Network for Eastern Europe and Central Asia (ACN) PLENARY MEETING AGENDA. 3-5 July 2018 Paris. Background

Anti-Corruption Network for Eastern Europe and Central Asia (ACN) PLENARY MEETING AGENDA. 3-5 July 2018 Paris. Background Anti-Corruption Network for Eastern Europe and Central Asia (ACN) PLENARY MEETING AGENDA 3-5 July 2018 Paris Background The meeting is organised in the framework of the Anti-Corruption Network for Eastern

More information

Economic and Social Council

Economic and Social Council United Nations Economic and Social Council Distr.: General 27 April 2015 Original: English Economic Commission for Europe Conference of the Parties to the Convention on the Transboundary Effects of Industrial

More information

Money, Finance, and Prices

Money, Finance, and Prices 118 III. Money, Finance, and Prices Snapshot Inflation, as measured by the consumer price index (CPI), exceeded 5.0% in 13 of 47 regional economies in 2017. In 2017, the money supply expanded on an annual

More information

Poverty Measurement in the UNECE Region

Poverty Measurement in the UNECE Region Poverty Measurement in the UNECE Region Andres Vikat Inter-regional Expert Group meeting Public policies for equality and the Agenda 2030 Santiago (Chile), 9-10 December 2015 Activities on poverty measurement

More information

Performance of Private Equity Funds in Central and Eastern Europe and the CIS

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 26 1 EBRD in Private Equity EBRD s portfolio of funds: 15 years of investing in the asset class Investment

More information

Giurgiulesti Free Economic Zone (G-FEZ) Overview. June 2014

Giurgiulesti Free Economic Zone (G-FEZ) Overview. June 2014 Giurgiulesti Free Economic Zone (G-FEZ) Overview June 2014 Content Owner and Management of Business Park Free Economic Zone & Free Trade Areas Location Infrastructure Connections Human Resources Utilities

More information

SECTOR ASSESSMENT (SUMMARY): TRANSPORT (ROAD TRANSPORT [NONURBAN])

SECTOR ASSESSMENT (SUMMARY): TRANSPORT (ROAD TRANSPORT [NONURBAN]) CAREC Corridors 1 and 6 Connector Road (Aktobe Makat) Reconstruction Project (RRP KAZ 48424) SECTOR ASSESSMENT (SUMMARY): TRANSPORT (ROAD TRANSPORT [NONURBAN]) 1. Sector Performance, Problems, and Opportunities

More information

1THE REPUBLIC 2 2ECONOMY 4 4INDUSTRIAL PARK 8 5THE LAND-USE MASTER PLAN 10 7BENEFITS 14 8 CONTENTS ONE-STOP OF BELARUS

1THE REPUBLIC 2 2ECONOMY 4 4INDUSTRIAL PARK 8 5THE LAND-USE MASTER PLAN 10 7BENEFITS 14 8 CONTENTS ONE-STOP OF BELARUS CONTENTS 1THE REPUBLIC 2 OF BELARUS 2ECONOMY 4 AND INDUSTRY 3 ATTRACTION 6 OF FOREIGN CAPITAL 9 ONE-STOP 10 18 STATION GUARANTEES 20 FOR INVESTORS 4INDUSTRIAL PARK 8 OVERVIEW 5THE LAND-USE MASTER PLAN

More information

Cyprus has signed Double Tax Treaties (DTTs) and conventions with 61 countries.

Cyprus has signed Double Tax Treaties (DTTs) and conventions with 61 countries. INFORMATION SHEET 14 Title: Cyprus Double Tax Treaties Authored: January 2016 Updated: August 2016 Company: Reference: Chelco VAT Ltd Cyprus Ministry of Finance General Cyprus has signed Double Tax Treaties

More information

AM005e-X 1 AZERBAIJAN

AM005e-X 1 AZERBAIJAN AM005e-X 1 AZERBAIJAN Dear participants of the Annual Meeting, Ladies and Gentlemen! First of all, I would like to express my gratitude to our Georgian friends and colleagues, as well as the Georgian authorities

More information

Japan signs Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

Japan signs Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS 30 June 2017 Global Tax Alert Japan signs Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS EY Global Tax Alert Library Access both online and pdf versions of all EY Global

More information

INTERNAL REGULATIONS

INTERNAL REGULATIONS COUNCIL OF BUREAUX CONSEIL DES BUREAUX INTERNAL REGULATIONS Preamble (1) Whereas in 1949 the Working Party on Road Transport of the Inland Transport Committee of the Economic Commission for Europe of the

More information

(of 19 March 2013) Valid from 1 January A. Taxpayers

(of 19 March 2013) Valid from 1 January A. Taxpayers Leaflet. 29/460 of the Cantonal Tax Office on withholding taxes applicable to pension benefits under private law for persons without domicile or residence in Switzerland (of 19 March 2013) Valid from 1

More information

ASIA-PACIFIC HIGH-LEVEL CONSULTATION ON FINANCING FOR DEVELOPMENT April 2015 Jakarta. Chair s summary

ASIA-PACIFIC HIGH-LEVEL CONSULTATION ON FINANCING FOR DEVELOPMENT April 2015 Jakarta. Chair s summary ASIA-PACIFIC HIGH-LEVEL CONSULTATION ON FINANCING FOR DEVELOPMENT 29-30 April 2015 Jakarta Chair s summary 1. The Asia-Pacific High-level Consultation on Financing for Development was held from 29 to 30

More information

LAUNCH OF THE g7+ WTO ACCESSIONS GROUP WELCOMING DEVELOPMENT FOR POST-CONFLICT AND FRAGILE ECONOMIES THROUGH WTO ACCESSIONS PUBLIC DIALOGUE SESSION

LAUNCH OF THE g7+ WTO ACCESSIONS GROUP WELCOMING DEVELOPMENT FOR POST-CONFLICT AND FRAGILE ECONOMIES THROUGH WTO ACCESSIONS PUBLIC DIALOGUE SESSION LAUNCH OF THE g7+ WTO ACCESSIONS GROUP WELCOMING DEVELOPMENT FOR POST-CONFLICT AND FRAGILE ECONOMIES THROUGH WTO ACCESSIONS PUBLIC DIALOGUE SESSION Sunday, 10 December 2017 Statement by Ambassador Alan

More information

Global Gateway API. Data Dictionary

Global Gateway API. Data Dictionary Global Gateway API Data Dictionary Albania/ Armenia/ Azerbaijan/ Bosnia & Herzegovina/ Bulgaria/ Belarus/ Croatia/ Estonia/ Georgia/Hong Kong/ Kyrgyzstan/ Kosovo/ Kazakhstan/ Latvia/ Moldova/ Montenegro/

More information

THE BASEL CONVENTION (REGIONAL CENTRE FOR TRAINING AND TECHNOLOGY TRANSFER) ACT, Arrangement of Sections PART I PRELIMINARY

THE BASEL CONVENTION (REGIONAL CENTRE FOR TRAINING AND TECHNOLOGY TRANSFER) ACT, Arrangement of Sections PART I PRELIMINARY THE BASEL CONVENTION (REGIONAL CENTRE FOR TRAINING AND TECHNOLOGY TRANSFER) ACT, 2008 Arrangement of Sections PART I Section 1. Short title 2. Interpretation PRELIMINARY PART II ESTABLISHMENT OF THE CENTRE

More information

Introduction to IFC &

Introduction to IFC & Introduction to IFC & Prospects for Cooperation Ashgabat, Turkmenistan August 6, 2012 IFC s Structure Owned by 183 member countries IFC is the main driver of private sector development in the World Bank

More information

UNECE centre for Transport Agreements

UNECE centre for Transport Agreements UNECE centre for Transport Agreements Slide 1 The core areas of UNECE work Slide 2 UNECE s 360 0 approach to Border crossing facilitation : Slide 3 Border crossing facilitation : On some major routes,

More information

Economic and Social Council

Economic and Social Council United Nations Economic and Social Council Distr.: General 13 October 2011 ECE/EB.AIR/2011/1 Original: English Economic Commission for Europe Executive Body for the Convention on Long-range Transboundary

More information

STATUS OF THE 1995 UNIDROIT CONVENTION ON STOLEN OR ILLEGALLY EXPORTED CULTURAL OBJECTS

STATUS OF THE 1995 UNIDROIT CONVENTION ON STOLEN OR ILLEGALLY EXPORTED CULTURAL OBJECTS STATUS OF THE 1995 UNIDROIT CONVENTION ON STOLEN OR ILLEGALLY EXPORTED CULTURAL OBJECTS Paris, 15-16 May 2017 UNESCO COMMITTEE OF EXPERTS - CONCLUSIONS 1983 (4) That UNESCO undertake a joint study with

More information

DEG We finance opportunities in future markets

DEG We finance opportunities in future markets DEG We finance opportunities in future markets DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh 18. October 2017 DEG: Deutsche Investitions- und Entwicklungsgesellschaft mbh 2 Part of a strong

More information

Emerging Europe and Central Asia s Leading Independent Law Firm

Emerging Europe and Central Asia s Leading Independent Law Firm Legal framework Emerging Europe and Central Asia s Leading Independent Law Firm With offices in ten jurisdictions and 200 local and international lawyers, we deliver consistent, joined-up legal advice

More information

TRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime

TRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime A F R I C A WA T C H TRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia

More information

ABOUT OIC AGREEMENTS IN ECONOMIC FIELD

ABOUT OIC AGREEMENTS IN ECONOMIC FIELD ABOUT OIC AGREEMENTS IN ECONOMIC FIELD Achieving higher levels of development and prosperity of the Islamic countries, as well as fostering economic and trade relations among them, are defined as the main

More information