of May 13, 2009 No. 6
About Recommendations about harmonization of the corporate legislation of state members of EurAsEC (on the basis of the comparative and legal analysis of national legal systems)
The bureau of Inter-parliamentary Assembly decides:
1. Approve the draft of Recommendations about harmonization of the corporate legislation of state members of EurAsEC provided by the Permanent commission of MPA on economic policy it (is applied).
2. Submit Recommendations in parliaments of state members of EurAsEC and Integration Committee for use in work on harmonization of national legal systems and enhancement of the legal base of Community.
Chairman
Inter-parliamentary Assembly M. Ubaydulloyev
Appendix to the resolution of EurAsEC MPA Bureau of May 13, 2009 No. 6
In modern economic circulation joint-stock companies are method of concentration of the capital.
Permanent growth and development of economy need investments, and traditionally in world practice joint-stock companies act in an efficient manner concentration of free resources. Transition of state members of EurAsEC to the market relations allowed to extend widely to joint-stock companies which at once demanded legislative regulation for legalization of the activities.
The problem of improvement of the corporate legislation always attracts keen interest from business, public organizations, state bodies of legislative and executive power. It is connected also with the fact that development of the corporate sector requires attraction of considerable investments both external, and internal.
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