Challenges and benefits of the accession process –
Description: Challenges and benefits of the accession process the experience of Lithuania Donatas Tamulaitis Objectives Accession to the OECDreview in 21 committee Review and improvement of national investment regime Safeguarding certain measures
Related Topics
Download Presentation
"Challenges and benefits of the accession process –" is the property of its rightful owner. Permission is granted to download and print the materials on this website for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
Presentation Transcript
slide1. Challenges and benefits of the accession process – the experience of Lithuania
Donatas Tamulaitis<br>
slide2. Objectives Accession to the OECD/review in 21 committee
Review and improvement of national investment regime
Safeguarding certain measures
Prudential safeguards
EU legislation
Other reasons<br>
slide3. Coordination of the accession<br>
slide4. Reservations withdrawn during accession, CLCM<br>
slide5. Reservations withdrawn during accession, CLCIO<br>
slide6. 6. Legal amendments 1) Law on Markets in Financial Instruments
2) Law on Patent Attorneys
3) Law on Private Security
4) Law on Acquisition of Agricultural Land
5) Law of Banks
6) Law on Merchant Shipping
7) Law on Bar
8) The Constitutional Law of the Republic of Lithuania on the Implementation of Paragraph 3 of Article 47 of the Constitution of the Republic of Lithuania
9) Law on Enterprises and Facilities of Strategic Importance to National Security and other Enterprises of Importance to Ensuring National Security
10) Law on Markets in Financial Instruments( II)<br>
slide7. Challenges Lack of expertise
Short deadlines
Shortage of personnel
Coordination among government agencies
Turbulent political environment<br>
slide8. Benefits Clean up of legislation removing unnecessary provisions
Substantial amendments in legislation
Liberalization of investment regime
Improved understanding of the Codes, international investment regulation
Improved understanding about our own investment regime
Increased transparency for investors
Helps to attract FDI /TBC
Positive review in the Committee allowed us to move forward towards accession to OECD<br>
Donatas Tamulaitis<br>
slide2. Objectives Accession to the OECD/review in 21 committee
Review and improvement of national investment regime
Safeguarding certain measures
Prudential safeguards
EU legislation
Other reasons<br>
slide3. Coordination of the accession<br>
slide4. Reservations withdrawn during accession, CLCM<br>
slide5. Reservations withdrawn during accession, CLCIO<br>
slide6. 6. Legal amendments 1) Law on Markets in Financial Instruments
2) Law on Patent Attorneys
3) Law on Private Security
4) Law on Acquisition of Agricultural Land
5) Law of Banks
6) Law on Merchant Shipping
7) Law on Bar
8) The Constitutional Law of the Republic of Lithuania on the Implementation of Paragraph 3 of Article 47 of the Constitution of the Republic of Lithuania
9) Law on Enterprises and Facilities of Strategic Importance to National Security and other Enterprises of Importance to Ensuring National Security
10) Law on Markets in Financial Instruments( II)<br>
slide7. Challenges Lack of expertise
Short deadlines
Shortage of personnel
Coordination among government agencies
Turbulent political environment<br>
slide8. Benefits Clean up of legislation removing unnecessary provisions
Substantial amendments in legislation
Liberalization of investment regime
Improved understanding of the Codes, international investment regulation
Improved understanding about our own investment regime
Increased transparency for investors
Helps to attract FDI /TBC
Positive review in the Committee allowed us to move forward towards accession to OECD<br>