PROJECT

Better Commercial Law and Legal Practice in Georgia

Project Description

Revised EU-Georgia Association Agenda for the period of 2017-2020 establishes a set of jointly agreed priorities for the implementation of the Association Agreement and the Deep and Comprehensive Free Trade Area (DCFTA). Among other areas, these priorities include improving the business and regulatory environment. This consists of improving and strengthening the operational environment of businesses, establishing capital market enabling measures and efficient dispute resolution mechanisms for commercial disputes and contract enforcement.
While number of steps have been taken (draft Company Law, Insolvency Law and Enforcement Code in accordance with European standards has been prepared), reforms still need to be enforced and relevant capacities and practical arrangements provided for the successful implementation of the new regulatory frameworks.
The project works with the Ministry of Justice of Georgia and is primarily focused on enhancement of the commercial law and its legal practice in Georgia. The project conducts its activities in four main directions:
– Fostering efficiency and quality of justice in commercial litigation
– Supporting the reform of company law and practice
– Supporting improvement of insolvency proceedings
– Supporting efficient enforcement of judicial decisions.

Specific Objective

To foster socio-economic development in Georgia and its regions, while making the litigations in commercial matters faster and fairer.

Expected Results

– Streamlined judicial proceedings
– New company law put well into practice
– Strengthened and rehabilitation-oriented insolvency proceedings
– More efficient enforcement of judicial decisions

Project Map

* Locations on the map are indicative and may not reflect precise location.

Gallery


Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
PROJECT DETAILS
  • Priority Area:
    Strengthening of institutions, good governance and security

  • Region: All Georgia

  • Start Date: 2019-01-01

  • End Date: 2021-04-30

  • Implementing Organisation:
    Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)

  • EU Contribution:
    €1 300 000

  • Social Media Links:
    www.facebook.com/giz.law.ge

  • EU Project Number:
    402-475

The information on this site is subject to a Disclaimer and Protection of personal data. © European Union 2021