BIA WITH AWARD FROM USAID
United States Agency for International Development (USAID) project for reform in the sphere of commercial law distinguished “Bulgarian Industrial Association – Union of the Bulgarian Business” with honorable reward acknowledging the efforts in the realization of reforms useful for the business.
Among the biggest mutual projects with the participation of BIA, are those for introduction of private judicial executors and for reforms in the social process. Both projects are aiming at raising the effectiveness of the legal system. The first one was targeted mostly at the acceleration of procedures for collecting adjudicated claims, and thence – creation of security in trade relationships, solutions of the intercompany loans problem, and improving the business climate in the country.
The second project aimed at improvement of procedure discipline of sides by removing the multiple opportunities that are set in the Civil Procedure Code for deliberately and unpunished delay of lawsuits for insignificant reasons. In this relation BIA conducted, in few regional centers in the country, discussions with the participation of practicing jurists whose opinions and proposals were generalized in a special brochure that was given at the lawmakers’ attention.