Business environment Sample Clauses

Business environment. The Parties consider that the business environment is an essential vehicle for economic development, and that the provisions of this Agreement are therefore geared towards achieving this common objective. The signatory Central African States, which are also signatories of the OHADA Treaty (Organisation for the Harmonisation of Business Law in Africa), undertake to apply and implement the provisions of this Treaty effectively and without discrimination.
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Business environment. The Parties consider that the business environment is an essential factor in economic development and that, consequently, the provisions of this Agreement shall be aimed at contributing to this common objective. Côte d'Ivoire, which is a signatory to the Treaty establishing the Organisation for the Harmonisation of Business Law in Africa (OHADA), reaffirms its commitment to applying the provisions of this Treaty. In accordance with the provisions of Article 4, the Parties undertake to work unremittingly on improving the business environment.
Business environment. Recognising that the satisfactory business environment is an indispensable part of the attractiveness to investors, each ASEAN Member State and Japan will make the effort to improve the business environment and enhance co-operation in related fields.
Business environment. The global mining industry has experienced an almost- unprecedented period of difficulty over the last 10 years or so, where mineral and metal demand tumbled, metal prices reached exceptional lows, grades are declining in the remaining reserves/ore bodies which, coupled with rapidly rising costs, mean that stakeholder expectations are at odds with the industry reality. China, the global mineral commodity growth engine and is the major producer of some 29 minerals/metals, has also reduced its demand in line with its shift from infrastructural investment to consumer-led growth. A growing demand for Electric Vehicles (EVs) will have major implications for future demand of minerals, mainly on Platinum Group Metals which will consequently impact on the South African economy. The mining industry’s project development pipeline, a key indicator of the demand for Mintek’s commercial services, has been slow in recent years but the geological exploration programmes and project investments appear to be beginning to enter a growth phase. Industry consensus was that 2017 was expected to be the start of the recovery of the industry from its current depressed state. This was seen to be the case with most commodity prices improving significantly from 2015, though some volatility within the markets exists. One notable event was the palladium price exceeding that of platinum. However, it should be borne in mind that demand for Mintek services may not be seen immediately since potential Clients will need to focus on debt reduction, resume deferred construction and/or expansion and brownfields projects. Thereafter, consideration may be given to new greenfield projects and exploration programmes that will require the services of Mintek. It is therefore expected that this will create lag of between 1-2 years from recovery to the Client using Mintek’s services. In short, the weakened demand for Mintek commercial services evident over the past few years is expected to continue late 2019. The continued changing global and local economic landscape require Mintek to reposition itself such that the business remains sustainable beyond the next decade. However, the State funded research programmes are showing promise as future opportunities whereby the remediation of acid mine drainage and tailings/dump reprocessing will allow for the removal of contaminants and recovery of valuable material in these tailings. Mintek is looking into feasibility of recovering precious metals from electro...
Business environment. The Borrower has: (i) enacted amendments, satisfactory to the Bank, to the Bulstat Register Law, providing for a single identification number; (ii) adopted the Government’s Decision (Protocol No. 17, dated April 28, 2005) on approval of a strategy to transfer the business registration function from courts to non-judicial administrative bodies; and (iii) adopted COM Decision No. 419, dated May 10, 2005 on establishment of a working group, including representatives of the business community, to prepare draft regulations required for implementation of the strategy.
Business environment. Each company uses important inputs from its surroundings, and the quality and availability of the inputs fundamentally influences the competitiveness of the company. Regulations, both general (e.g. procedures necessary to start up a business or export goods abroad) and sector- specific (e.g. rules for handling radioactive materials), are part of the business environment. The administrative demands for compliance with regulatory rules and related procedures are fairly high in the Czech Republic. In many aspects (see the World Bank report Doing Business, 2013) the Czech Republic is far behind OECD countries in terms of the duration and costs of various procedures associated with starting and running a business. Another problem is the instability of the tax and regulatory framework for businesses. The constant partial changes made to tax laws and regulatory rules present an enormous burden with regard to company planning, and increase uncertainty and the risks taken. The fulfilment of tax obligations in the Czech Republic is connected to high costs and is not sufficient. The issue of high administrative and partly regulatory burden is discussed in detail in the problem area Public Administration. A stable and growth-oriented tax and regulatory environment cannot be ensured directly by the ESIF, it will be addressed by complementary national measures in accordance with the National Reform Programme 2014. Another barrier to the development of competitive advantages of companies is the aforementioned insufficient cooperation of the public research sector and businesses. The availability of qualified workforce is unsatisfactory and it is connected to the decreasing quality of education at all levels, the situation in the market of technically qualified workforce is particularly problematic. The problems stated above, including the associated development needs, are described in detail in the chapter on Research and Innovation System and Education.
Business environment. To provide an environment and work culture that encourages integrated business and operational strategies that achieves maximum potential for commercial viability, business growth and the provision of an efficient, value added and reliable service to AER‘s customers.
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Business environment. (a) Support to MOJ for: (i) preparing amendments to improve commercial and labor laws and regulations, including the preparation and implementation of an action plan for the harmonization of OHADA and national laws; (ii) educating magistrates and court administrators on the implementation of OHADA and business laws; (iii) strengthening the commercial courts; (iv) developing a mechanism for the referral of commercial court cases to arbitration, and establishing an arbitration center, including the preparation of arbitration rules, the provision of equipment and reference materials, the training of arbitrators and the holding of public outreach campaigns; (v) strengthening the capacity of the RCCM personnel and reorganizing and computerizing the RCCM filing system as well as ensuring the interconnection between the computerized filing systems of the RCCM and the Chamber of Commerce; and (vi) strengthening the capacity of CNCC to effectively carry out its mandate. (b) Support to MOCEPH for formulating policies for: (i) strengthening its capacity to increase its effectiveness through the provision of technical advisory services, training of its personnel and equipment; and (ii) promoting competitiveness and enterprise development in its various fields of responsibilities. (c) Support to the Competitiveness Committee for: (i) formulating and making recommendations to appropriate bodies for implementation of measures aimed at improving the competitiveness of the Borrower’s economy; (ii) defining and implementing policy proposals and an action plan for removing administrative barriers to investment and streamlining administrative regulations and procedures affecting enterprise registration and operation; and (iii) carrying out an annual conference on national economic competitiveness.
Business environment. 1. The Parties’ relevant authorities shall be encouraged to xxxxxx exchanges and enhance mutual understanding on verifying qualifications and standards of professionals. A feasibility study on “One examination for certification by three Parties” shall be conducted. Mutual support between pools of human resources and sharing of human resources information shall be fostered. 2. A taskforce shall be formed to coordinate the modification, supervision and implementation of technology standards in Guangdong and Macao. The Parties shall discuss, establish and implement the industry standards for industries including tourism, conventions and exhibitions, and logistics. Cooperation in the standardisation of urban planning, development and management shall be facilitated. The Parties shall facilitate the establishment of a Macao branch by Guangdong’s state testing centre, or jointly establish a public testing service platform. 3. An intellectual property rights taskforce shall be formed, to establish a sound coordination system for communication and law enforcement concerning intellectual property rights. The Parties shall establish a regional intellectual property rights protection system, to jointly clamp down on cross-border infringement activities, improve the Intellectual Property Database for Guangdong, Hong Kong and Macao, support communications and cooperation between institutions of intermediary services for intellectual property; and encourage Macao citizens to obtain qualifications as patent agents in mainland China. 4. The Parties shall jointly expand international markets, attract foreign investments and launch trade promotion in overseas markets, with a view to establishing an information network for the Greater Pearl River Delta. The Parties shall assist Guangdong enterprises with expanding in overseas markets via Macao, by utilising Macao’s platform for Sino-Portuguese commercial services. The Parties shall thereby enhance economic and trade links between the Greater Pearl River Delta and the EU, ASEAN and Portuguese-speaking countries. 5. Operating within the current policy framework, the Parties shall facilitate the transformation of the Zhuhai-Macao Cross-border Industrial Zone by focusing on the development of modern service industries, such as high-end logistics, exhibitions and expositions, intermediary trading and service outsourcing, in order to establish a modern logistics and commercial zone.
Business environment. 7. Cabinet approval and submission to Parliament of a new commercial code and private and public companies code reflecting prevailing international standards in the area, in accordance with paragraph 41 of the Letter of Development Policy. 8. Effecting an improvement in the performance of the commercial court through a reallocation of resources in the juridical sector, as evidenced by a fifty percent (50%) reduction in the number of cases pending before such court beyond the 60-day deadline mandated by law, as compared with the corresponding number in March 2008, in accordance with paragraph 42 of the Letter of Development Policy. 9. Cabinet approval of the modality for the sale of 117 coffee washing stations and initiation of such sale in 29 lots of 3-6 units each, targeting a potential 75-25 percent ownership split between private enterprises and producer organizations, respectively, including launch of a press campaign, issuance of a Presidential decree establishing a regulatory agency in the coffee sector, and related revision of the management arrangements for such washing stations, in accordance with paragraph 43 of the Letter of Development Policy. 10. Issuance of an ordinance with respect to the petroleum subsector establishing the principles of quasi-automatic monthly adjustment of local prices to changes in international prices and stabilization of operational margins at an appropriate level, and Cabinet approval and submission to Parliament of draft legislation converting customs duties and transaction taxes in such subsector into specific duties, in accordance with paragraph 44 of the Letter of Development Policy.
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