Kurti rejoices after MPs voted the Law on Commercial Court

According to Kurti for only three years, 2260 business disputes have been opened in the Department of Economic Affairs, of which, according to Kurti, 15 cases are worth over 1m euros.

Many in the private sector have faced challenges that have deterred their businesses due to lack of judicial efficiency, prolonged procedures for resolving cases, professionally uncomfortable expertise or small number of judges. In just three years (2018, 2019 and 2020), 2260 contests between businesses have been opened in the Department of Economic Affairs, of which 15 cases are worth over 1m euros each”, Kurti wrote in a post in “Facebook”

Furthermore, the prime minister stated that the Law for the Commercial Court creates sufficient opportunities for increased efficiency in resolving trade disputes.

The Commercial Court Law provides sufficient opportunities to increase efficiency in resolving trade disputes so that business rights acquired by resolving trade and administrative disputes can be realised without delay, thus facilitating capital exploitation. The law provides for freedom of entrepreneurship, equality of parties, property rights and contract implementation, in line with the country's constitution and laws. It also builds investor confidence, including our license, and paves the way for sustainable development and the welfare of citizens of the Republic”, it has written further.

Otherwise, the Kosovo Assembly, with 74 votes for, none against and no abstention, has adopted today the Bill for the Commercial Court.

Full Posting:

Once again, the way was opened for the Comercial Court to be established. It was this pledge of our election, a priority in the government programme, which today took the epilogue from the Parliament of the Republic. I thank all MPs for voting and discussions.

Many during the private sector have faced challenges that have deterred their businesses due to lack of judicial efficiency, prolonged procedures for resolving cases, professionally counterproductive expertise or small number of judges. In just three years (2018, 2019 and 2020), 2260 business disputes have been opened in the Department of Economic Affairs, of which 15 cases are worth over 1m euros each.

The National Court Law provides sufficient opportunities for increased efficiency in resolving trade disputes so that the rights of businesses acquired by resolving trade and administrative disputes can be realised without delay, thus facilitating capital exploitation. The law provides for freedom of entrepreneurship, equality of parties, property rights and contract implementation, in line with the country's constitution and laws. It also builds investor confidence, including our license, and paves the way for sustainable development and the welfare of citizens of the Republic.

The Pristina Foundation Court's Economics Department has operated with very limited capacities, with average cases of resolving one economic nature case taking between 4 and 5 years.

The establishment of the Commercial Court will improve the situation through meritive convictions for final resolution of cases by judges, whose number will rise considerably from only 5 to date. Over 3,000 cases from the beginning will be subject to a review of this judgment, which will also have jurisdiction over final cases, resolving approximately 500 cases of this nature per year.

This law will have a very positive economic impact on our country. It facilitates attracting foreign investment, making us creditable, serious and committed to justice and justice, towards economic development. The National Court Law serves the rule of law as a prerequisite for economic development.