Commercial law is one of the main deficit areas in transition economies and in countries seeking to move up the economic value chain. Globalization has vastly expanded the need for competence in this field. A sound knowledge and practice of commercial law facilitates economic integration. It enables poorer nations to secure better terms in international or bilateral trade agreements, and empowers resource-rich ones to handle large foreign investment flows. Where investment is scarce, commercial law capacity encourages it by improving the overall business climate.
WEBINAR | 14 April 2021 | 7:00 - 8.45 PM CEST | 1:00 - 2:45 PM EST
A Rule of Law Based Approach to Sustainable Economic Recovery for Least Developed Countries: The contribution of ISP/LDCs as a dedicated public-private partnership for investment capacity development in the least developed countries
The assistance of the Investment Support Programme for Least Developed Countries (ISP/LDCs) has led to a successful outcome in the investor-state arbitration involving The Gambia and a foreign investor concerning two offshore petroleum licenses.
Sara Sotelo from Peru, Alejandro Barrientos and Claudio Iglesias Darriba, from Argentina, and Carolina Olarte Bacares from Colombia all have one thing in common – they are all IDLO Alumni. Sara, Alejandro and Claudio first met at IDLO ten years ago when they attended a two-week training on Intellectual Property Law. They remain in touch today.
As countries around the world struggle to manage the impact of the COVID-19 crisis, the economic fallout of the pandemic is becoming increasingly severe. Emerging economies are particularly strained by the consequences of the pandemic, given their often limited fiscal and institutional capacities.
IDLO has successfully completed a key component of its cooperation with The Gambia under the Investment Support Programme for Least Developed Countries (ISP/LDCs).
The effects of the social and economic fallout from the current COVID-19 crisis will be felt long after the pandemic itself has ended. In some countries, however, there are already encouraging signs of government efforts to mitigate some of the negative impact.
The private sector is of central importance for The Gambia, a Least Developed Country where the availability of private capital from foreign and domestic investors is critical to promote sustainable economic growth, increase employment and ensure better living conditions.
In 1984, while working as a State Attorney at the Ugandan Ministry of Justice, Fredrick Ruhindi had the opportunity to come to Rome and spend three months as a participant at IDLI’s very first ‘Development Lawyers Course’ – a 12-week course providing intensive training on legal skills such as advising, negotiating, draft
Uzbekistan and Kyrgyzstan are working together to increase the quality and effectiveness of court decision enforcement mechanisms, by adopting integrated technology solutions and enhancing mutual legal assistance in the search for debtors, their property and sources of income in the two countries.