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SYSCOHADA PDF

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Author:DORTHY STOCKMAN
Language:English, Spanish, German
Country:Nicaragua
Genre:Personal Growth
Pages:696
Published (Last):30.07.2015
ISBN:861-9-67991-193-3
ePub File Size:23.35 MB
PDF File Size:18.56 MB
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Characteristics[ edit ] As a West and Central African initiative to harmonize business laws and implementing institutions, OHADA aims to find alternative solutions to the lack of economic growth in sub-Saharan Africa - a region which has challenged and puzzled development economists for several decades. The stated purpose of the initiative is to facilitate and encourage both domestic and foreign investment in the member states, and as most of the participating countries are former French colonies , they draw chiefly on a modernised French legal model to achieve their goals. The OHADA treaty has created a supranational court Common Court of Justice and Arbitration of the Organization for the Harmonization in Africa of Business Law [1] to ensure uniformity and consistent legal interpretations across the member countries, and the French influence in court proceedings is apparent. A uniform act is the recollection of all relevant legal norms needed to ease business in the Member States. As of today,[ when?

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Pdf syscohada