The growth of Papua New Guinea’s economy in the last decades, as a result of large-scale development projects primarily in the extractive industries, has had both positive and negative consequences for the country. With a growing consumer base and an emerging middle class, one negative consequence has been the influx of counterfeit consumer goods.
Legal Framework
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Interviews & Viewpoints | Eunice Parua, Partner, Leahy Lewin Lowing Sullivan Lawyers: Viewpoint from The Report: Papua New Guinea 2019
Chapter | Legal Framework from The Report: Papua New Guinea 2019
This chapter examines the legal system of Papua New Guinea, as distributed across the national, provincial and local levels, including those governing: investment promotion; regulation of companies; taxation and tax credits; partnerships and joint ventures; personal property; power of attorney; land rights; patents; employment conditions; foreign exchange control; and sector-specific...
Efforts to improve public governance are gradually bolstering confidence in Papua New Guinea’s economy, despite national performance being heavily dependent on the extractive industries. Backed by macroeconomic development plans, Prime Minister James Marape’s administration is seeking to improve debt management, reduce foreign exchange imbalances, widen access to social services and provide greater employment opportunities.
Articles & Analysis | Updates to Tunisian laws address investment and start-up businesses from The Report: Tunisia 2019
Legislators in Tunisia have a habit of crafting laws that cannot be implemented until additional decrees are passed at a later date. Several articles of the Investment Law No. 71 of 2016 were limited to stating principles, while the concrete modalities needed to bring about actual legal change were to be included in succeeding decrees....
Interviews & Viewpoints | Ghazi Meziou, Associate Lawyer, Meziou Knani & Khlif: Viewpoint from The Report: Tunisia 2019
Adopted by Parliament in April 2019, Law No. 47 of 2019, also known as the Transversal Law, aims to improve the business environment in Tunisia. This law is seen as part of a wider comprehensive investment framework reform that started in 2016 with the promulgation of the New Investment Law. The Transversal Law includes a set of modifications...
Articles & Analysis | New reforms in Tunisia aim to improve business climate, boost communication and combat illegal activity from The Report: Tunisia 2019
Designed as a replacement for the former business register, the National Business Register (Registre National des Entreprises, RNE) Law No. 52 of 2018 passed on September 29 and was implemented on February 6, 2019. The reform has multiple objectives. First, it seeks to simplify procedures and shorten the time needed to set up a company,...