Investment Climate Reform Sample Clauses

Investment Climate Reform. (a) Taxation Reform Support to MFPRD for: (i) streamlining the Borrower’s taxation and investment promotion regulatory framework; (ii) assessing the short-to-long-term fiscal revenue impact of the proposed reform measures; and (iii) disseminating information on the new taxation and investment rules. (b) Alleviation of Administrative Barriers to Investment Support to the Borrower for formulating and periodically updating an action plan to alleviate administrative barriers to investment and improve the interface between the public and private sector. (c) Development of Efficient Supply Chains Support to the Borrower for producing an analysis, and carrying out specific activities identified in said analysis, for the development of efficient supply chains for the trade and transport, fishing and tourism sectors. (d) Improvement of the Legal Environment for Business Support to the Borrower for: (i) updating, modernizing and interconnecting the commercial, real property and civil registries; (ii) streamlining the judicial enforcement provisions of the Code of Civil Procedure; (iii) supporting the ratification of the 1958 New York Convention on the Enforcement of Foreign Arbitral Awards, preparing an Arbitration Law and supporting the creation of two arbitration centers; (iv) carrying out a preliminary study for the creation of a land cadastre; (v) supporting the preparation of all legal and technical steps for the Borrower’s accession to the World Trade Organization; (vi) establishing a legal and institutional framework for the protection of intellectual property rights; (vii) disseminating business laws among the legal profession and the business community, and establishing a national legal information web-site; and (viii) preparing a new Code of Labor Procedure; All of the above Part B.1 activities to be supported through the provision for technical advisory services, training, workshops and acquisition of equipment.