The Model Law is designed to assist States in reforming and modernizing their laws on arbitral procedure so as to take into account the particular features and needs of international commercial arbitration. It covers all stages of the arbitral process from the arbitration agreement, the composition and jurisdiction of the arbitral tribunal and the extent of court intervention through to the recognition and enforcement of the arbitral award.

This model legislation has been prepared solely for informational purposes and should be not construed as a statement of United States Department of Transportation or Federal Highway Administration policy.

Romania

• Romanian Procurement Law (in Romanian)
• Commentary

Overview

Disclaimer
This English translation of the Law No. 67 for the year 2010 has been reviewed by Zulficar & Partners Law Firm and Trowers & Hamlins in association with Nour Law Office. Neither The Ministry of Finance PPPCU, and its employees, nor its above mentioned legal advisors, their partners, employees and consultants, makes any representation or warranty, express or implied, as to the accuracy or completeness of this translation.

Reglamento DFL MOP Nº 164 de 1991 modificado por las Leyes Nº 19.252 de 1993 y Nº 19.460 de 1996. Santiago, (Publicado en el Decreto Oficial del 20 de Marzo de 1999)

Assessment of Concession Laws (2008) - prepared by the European Bank for Reconstruction and Development - Including: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, FYR Macedonia, Georgia, Hungary, Kazakhstan, Kyrgyz Republic, Latvia, Lithunia, Moldova, Montenegro, Poland, Romania, Russia, Serbia, Slovak Republic, Slovenia, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan.

Office of the Bulgarian Economic and Commercial Counselor in Kuwait

Legislative framework of concessions

Sites and objects, which are in the exclusive property of the state or a municipality, can be operated by private entities on the basis of a concession contract concluded following the conditions and procedures provided for by the Law on Concessions (for sites which are state property) or the Law on Municipal Property (for sights which are municipal property).

Bulgaria’s law on concessions has provided a basic framework to facilitate the granting of concessions and the execution of concession agreements. The recent development of more detailed and specific legislation, in particular in areas such as telecommunications and energy, has meant that the significance of the law on concessions itself has diminished. This article explains the development of the law and examines its interaction with other relevant legislation. It also considers a number of obstacles presented to potential
investors under the current regime.