Legal Journals

Central Asian Countries Seek to Improve Regional Business Climate

By sdoyle

On November 4th and 5th, the Ministers of Economy and senior officials from seven Central Asian countries met for a conference hosted by the Organisation for Economic Co-operation and Development (OECD) and the Organisation for Security and Co-operation in Europe (OSCE). Afghanistan, Kazakhstan, the Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan and Uzbekistan all had representatives in attendance. The goal of the meeting was for the parties to form an initiative to improve the business climate in the region. Foreign direct investment in the area is low, and it is hoped that cooperation will help to establish a more hospitable climate for business activity. International stakeholders such as the European Commission will assist the initiative through the formation of working groups to provide advice on addressing common challenges.

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Full post as published by Harvard International Law Journal Digest on November 10, 2008 (boomark / email).