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Overview of Concessions Legislation in Countries of Central and Eastern Europe

Overview of Concessions Legislation in Countries of Central and Eastern Europe. Alexei Zverev Senior Counsel, EBRD Vilnius , 22-23 November 2006. Issues to be discussed. EBRD’s Legal Transition Programme (LTP) PPP policy Legal framework Results of EBRD evaluations

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Overview of Concessions Legislation in Countries of Central and Eastern Europe

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  1. Overview of Concessions Legislation in Countries of Central and Eastern Europe Alexei Zverev Senior Counsel, EBRD Vilnius , 22-23 November 2006

  2. Issues to be discussed • EBRD’s Legal Transition Programme (LTP) • PPP policy • Legal framework • Results of EBRD evaluations • Legislative trends and challenges

  3. LTP activities in the area of PPP EBRD: • Participates in and contributes to international standard-setting initiatives • Monitors and analyses the status of legal transition in its countries of operations and developments measurement tools to assess legal risk for EBRD investments • Develops and implements technical assistance projects in its countries of operations • Advances legal reform through various outreach activities, including publication of its legal journal, Law in transition

  4. PPP policy • Why policy issues are important • Legal framework • Institutional infrastructure • Awareness and professional development

  5. Legal framework • Clear • Stable • Predictable • Fair • Flexible www.ebrd.com/law

  6. Measuring compliance of concessions legislation against international standards

  7. Countries with a concession law – 2005 update of EBRD Concessions Law Assessment

  8. Levels of compliance in core areas of concessions legislation – Estonia, Latvia, Lithuania - 2005

  9. Measuring the effectiveness of concessions legal frameworks – 2006 Legal Indicator Survey

  10. Common impediments to PPP • Absence of a clear PPP policy • Inadequacy of concession laws relative to international legal best standards • Lack of institutional support and capacity / lack of skilled public sector officials • Security/assignment restrictions • Lack of variety of capital market instruments • Budgetary constraints

  11. www.ebrd.com/law Alexei Zverev Senior Counsel, EBRD zverevA@ebrd.com

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