31 minutes agoThe Creation of Commercial Courts Warned
Periskopi(7 years ago)
(7 years ago)The Commercial Court is very important for Kosovo, as it will increase the efficiency of handling business materials and help create a better environment for local businesses, but also for foreign investors. This was said at the conference on commercial justice that was held today in Pristina. [...]
The Commercial Court is very important for Kosovo, as it will increase the efficiency of handling business materials and help create a better environment for local businesses, but also for foreign investors. This was said at the conference on commercial justice that was held today in Pristina.
The establishment of this court in the near future was warned by Justice Minister Abelard Tahiri, during his speech, at this conference organised by his ministry, and under the process of functional Review of the Law Rule Sector.
Citing the reshuffle of Kosovo's judiciary in 2013, Tahiri said that process also brought positive things, but in economic issues it has not been so productive, making it inevitable to establish with a new structure of the Commercial Court.
“Today we are in a clear position and we are on the way so that the Republic of Kosovo in a distant future will have a credital institution, a Commercial Court, which will indeed be an address and will have the proper efficiency for handling commercial issues”, said the minister Tahiri.
In the previous system of the first years 99, Kosovo has had two economic courts -- the Peja and Gjakova. While today, Kosovo has a department at the Constitutional Court that has five judges dealing with economic affairs and a judge at the Appeals.
Kosovo Assembly Speaker Kadri Veselini said one of the main concerns of businesses is delays in dealing with the subjects in the courts. He said this situation is decoupling businesses that operate in Kosovo.
Wessel stressed that another important element of why they are pushing this process is the fact that delaying the treatment of business subjects is an obstacle to the arrival of new investors from abroad.
For the sake of the fact that most of the problems in all the meetings I've had with business, the biggest problems are with delays in business court cases. This has created discouragement to businesses that are currently active in the Republic of Kosovo, but at the same time has created an obstacle which is very serious in the potential arrival of new investors from outside”, Veselin said.
The head of the Assembly voiced confidence that in record times the Kosovo Parliament will approve the law and create legal infrastructure in order to function the Commercial Court.
Wessel also called for the cooperation of economic ods so that the law will also be harmonised so that there will be no complexity and complexity that can make it unmet in practice.
