DOCSLIB.ORG

Doing Business in Europe, Middle East & Africa (Emea)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Doing Business in Europe, Middle East & Africa (Emea) DOING BUSINESS IN EUROPE, MIDDLE EAST & AFRICA (EMEA) By Globalaw Limited TABLE OF CONTENTS Doing Business in EMEA Map .........................................................................................3 Introduction & Contact .............................................................. 4 Country Guides Africa Profile ................................................................... 5 1. Bulgaria ........................................................................... 9 2. Cyrpus ........................................................................... 14 3. Czech Republic ............................................................. 20 4. Germany ....................................................................... 23 5. Ghana ........................................................................... 28 6. Gibraltar ....................................................................... 32 7. Iceland ........................................................................... 35 8. Iran ................................................................................ 39 9. Israel .............................................................................. 43 10. Jordan ........................................................................... 48 11. Luxembourg .................................................................. 55 12. Mauritius ...................................................................... 60 13. Morocco ....................................................................... 63 14. Nigeria .......................................................................... 65 15. Poland ........................................................................... 68 16. Portugal ....................................................................... 75 17. Romania ........................................................................ 79 18. Scotland ........................................................................ 83 19. Serbia ............................................................................ 85 20. Slovakia ......................................................................... 92 21. Spain ............................................................................ 96 22. Sweden ...................................................................... 100 23. Turkey .......................................................................... 105 2 MAP Doing Business in EMEA 7 22 18 15 4 11 3 20 17 17 19 1 21 16 23 6 2 8 13 9 10 14 5 1. Bulgaria 2. Cyrpus 3. Czech Republic 4. Germany 5. Ghana 6. Gibraltar 7. Iceland 8. Iran 9. Israel 10. Jordan 11. Luxembourg 12. Mauritius 13. Morocco 12 14. Nigeria 15. Poland 16. Portugal 17. Romania 18. Scotland 19. Serbia 20. Slovakia 21. Spain 22. Sweden 23. Turkey 3 INTRODUCTION Doing Business in EMEA Globalaw Limited Dear Friends and Colleagues, Boulevard du Souverain, 280 As the President of Globalaw Limited, a network of more than 100 law firms serving B-1160 Brussels, Belgium key market jurisdictions around the world, it is my distinct pleasure to welcome you to the Doing Business in Europe Guide written and produced by member firms representing global regions which serves as an immediate resource to provide Tel: +32 2 320 25 03 valuable and critical information about legal requirements to operate in their respective countries. [email protected] Thus far, Globalaw has produced Doing Business Guides in Asia Pacific, Europe and www.globalaw.net Latin America. These Guides represent the individual and collaborative expertise of the law firms contributing to these publications, further demonstrating the regional Information for each country strength of the attorneys who comprise the Globalaw network. In fact, the total may change over time. Please population of the lawyers within Globalaw exceeds 4,500 practitioners who bring and contact the primary contact at offer a universe of practice areas to these key markets. the respective Globalaw firm to The Guides serve not only to demonstrate this expertise but also to provide an confirm that country's information. immediate roadmap to learn more about doing business fundamentals in a concise, Contact details for each firm and informative and “desktop” format for your ready reference. primary contact are located at In addition to the contributing firms, I would also like to acknowledge the folks at MCI www.globalaw.net. for their time and efforts to making this Guide a reality. If you would like to learn more about the global resources of Globalaw, please visit our website at globalaw.net Best regards, Julia Holden-Davis Globalaw President 4 AFRICAN PROFILE Africa is the world’s second largest continent and is also the world’s second continent with the most inhabitants1. Africa is also considered by most paleoanthropologists to be the oldest inhabited territory on Earth, with the human species originating from the continent2. Africa has an area of about 30.3 million km2 (11.7 million square miles)3. Off the coasts of Africa, a number of islands are associated with the continent. Of these Madagascar, one of the largest islands in the world, is the most significant4. Other, smaller islands include the Seychelles, the Comoros, Mauritius, Réunion, Ascension, St. Helena, and Tristan da Cunha, to name a few. The African continent is cut almost equally in two by the Equator. Africa is mainly found under a tropical region. Half of Africa is bounded on the north by the Tropic of Cancer and the other half on the south by the Tropic of Capricorn. Africa is the ‘most tropical’ of all the continents. Due the climate conditions, the cultures and the physical variations of the peoples reflect the process of adaptation to both hot, dry climates and hot, wet climates5. Africa hosts a large diversity of ethnicities, cultures and languages. They are identified by their recognition of a common culture, language, religion, and history. Most Africans speak more than one language, and frequent migrations and interactions, including intermarriage, with other peoples have often blurred ethnic distinctions6. Being a continent home to thousands of different societies or ethnic groups, there are known to be more than 1,500 distinct languages in Africa. The knowledge of most of the individual languages of Africa is still very incomplete. Throughout the years, Africa has been colonised by European countries, culminating in the infamous “Scramble for Africa”7. The process of decolonization of Africa started as early as 1847. However, most of the current states in Africa arose from decolonisation in the 20th century, mainly between 1945 and 19608. The process of decolonisation or the “quest for autonomy and independence” were, in some areas, peaceful, and orderly, whilst in many others, independence was achieved only after a protracted revolution. 1. https://en.wikipedia.org/wiki/Africa 6. https://www.britannica.com/place/Africa 2. http://news.bbc.co.uk/2/hi/science/nature/1058484.stm 7. http://edition.cnn.com/2010/WORLD/africa/08/02/independence.africa.colonialism/index.html 3. World Population prospects – Population division, population.un.org. 8. https://history.state.gov/milestones/1945-1952/asia-and-africa 4. https://www.britannica.com/place/Africa 5. https://www.britannica.com/place/Africa 5 AFRICAN PROFILE Doing Business in Europe Africa remains one of the richest continents blessed with a rich common currency, thereby establishing economic and monetary bounty of natural resources. Moreover, it transitioning into an union16. international financial services centre hub coupled with advances in the field of fintech, robotics and information technologies. TRADE BLOCS AND TREATIES Within the AU, there are several treaties, trade blocs and REGIONS OF AFRICA organizations established between member states of Africa. • Africa is classified into several regions, namely, North Africa, However, the AU only recognises the following as an official Central Africa, Southern Africa, Western Africa, and Eastern Regional Economic Community, also named as regional Africa. However, The United Nations also classified Africa into economic organisations17: two separate and distinct parts (same is used as index for o Arab Maghreb Union (AMU) evaluation purposes). o Common Market for Eastern and Southern Africa (COMESA) • North Africa consists mainly of the territories that form part of o Community of Sahel-Saharan States (CEN-SAD) the League of Arab states within the Arab world, including: o East African Community (EAC) Algeria, Egypt, Libya, Morocco, Tunisia, Ceuta, Melila10. o Economic Community of Central African States (ECCAS) o Economic Community of West African States (ECOWAS) • Geographically speaking, Sub-Saharan Africa regroups all the o Intergovernmental Authority on Development (IGAD) remaining territories of the continent, south of the Sahara: o Southern African Development Community (SADC) Angola, Benin, Botswana, Burkina Faso, Burundi, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Congo, DOING BUSINESS IN AFRICA Dem. Rep., Congo, rep., Cote d’Ivoire, Equatorial guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, The economy in Africa can be considered as underdeveloped. Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Africa as a whole has abundant natural resources, but much Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, of its economy has remained predominantly agricultural, Nigeria, Rwanda, Sao tome and Principe, Senegal, Seychelles, and subsistence farming
Load more

Recommended publications
  • 2014 Rule of Law Report | SGI Sustainable Governance Indicators
    Sustainable Governance Indicators SGI 2014 Rule of Law Report Legal Certainty, Judicial Review, Appointment of Justices, Corruption Prevention SGI 2014 | 2 Rule of Law Report Indicator Legal Certainty Question To what extent do government and administration act on the basis of and in accordance with legal provisions to provide legal certainty? 41 OECD and EU countries are sorted according to their performance on a scale from 10 (best) to 1 (lowest). This scale is tied to four qualitative evaluation levels. 10-9 = Government and administration act predictably, on the basis of and in accordance with legal provisions. Legal regulations are consistent and transparent, ensuring legal certainty. 8-6 = Government and administration rarely make unpredictable decisions. Legal regulations are consistent, but leave a large scope of discretion to the government or administration. 5-3 = Government and administration sometimes make unpredictable decisions that go beyond given legal bases or do not conform to existing legal regulations. Some legal regulations are inconsistent and contradictory. 2-1 = Government and administration often make unpredictable decisions that lack a legal basis or ignore existing legal regulations. Legal regulations are inconsistent, full of loopholes and contradict each other. Estonia Score 10 The rule of law is fundamental to Estonian government and administration. In the period of transition from communism to liberal democracy, most of the legal acts and regulations had to be amended or introduced for the first time. Joining the European Union in 2004 caused another major wave of legal reforms. These fast and radical changes, which occurred in a short timespan, caused some inconsistencies and unexpected legal amendments (for example the increase of the VAT in 2009).
    [Show full text]
  • The Functioning of the Pensions Insurance System in the Countries of Former Yugoslavia
    Velizar Golubović The functioning of the pensions insurance system in the countries of former Yugoslavia Abstract This article analyses the functioning of the pensions insurance system in the coun- tries of the former Socialist Federal Republic of Yugoslavia. The first part of the article shows that the implemented reforms comprised stricter conditions for the realisation of pensions rights through an increase in the retirement age and a de- crease in the statutory replacement rate. The second part of the article presents the main indicators of the functioning of the pensions systems. The analysis of the results achieved reveals an exceptionally unfavourable picture. This primarily refers to the unfavourable ratio of the number of insured and pensions beneficia- ries due to high unemployment, resulting in a high deficit in the pensions system. The third part points to the need for, and direction of, further reforms of the pen- sions systems aiming at the creation of adequate and financially sustainable pen- sions systems. The conclusion summarises the results of the conducted analysis. Keywords: functioning pensions insurance system, pensions reform, countries of the former Yugoslavia, net replacement rate, retirement age Introduction With the downfall of the Socialist Federal Republic of Yugoslavia, the six republics became independent states – Slovenia, Croatia and Macedonia (1991); Bosnia and Herzegovina (1992); and Serbia and Montenegro (2005), the last two remaining united until their independence. The downfall of Yugoslavia was motivated by a desi- re for the creation of nation states, which led to intra-national conflicts in Croatia (1991-1995) and Bosnia and Herzegovina (1992-1995).1 The war conflicts brought a number of victims and mass deportations, as well as large-scale destruction and mate- rial damage.
    [Show full text]
  • Insurance Market Development in the Former Yugoslav Republics, Non-EU Countries
    Journal of Economic and Social Studies Insurance Market Development in the Former Yugoslav Republics, Non-EU Countries Nikola Dacev Law Faculty “Justinian the First”, Skopje Macedonia [email protected] Abstract: This paper presents an insurance market research KEYWORDS: of the markets in several Balkan countries that were part of Insurance Markets, Developing former Yugoslavia and are still not members of EU. Being Countries, Life Insurance categorized as developing countries, they have far lower development degree in comparison with the European ARTICLE HISTORY Insurance Federation member countries. By means of Submitted: 29 April 2012 Resubmitted: 30 September 2012 comparison between the basic insurance market Resubmitted: 20 November 2012 development indicators in these countries, the law Accepted: 24 December 2012 regulations, as well as through conducting surveys, based on questionnaires, which appoint the reasons for the underdevelopment in the sphere of life insurance, the paper gives a clearer perception, in terms of the conditions of the insurance markets, placed on the margins of the European insurance market. Its utmost objective is to point and argue several measures, which would improve the insurance market conditions in the already mentioned countries, i.e. would contribute to the development increase and the acceleration of these insurance markets. As a result, that would raise the protection measures and the safety, both to the citizens and their material goods. JEL codes: G22, K22, M31 151 Nikola DACEV Introduction The insurance market role importance in the economy and the contemporary world in general increases rapidly, all the time. Today, there is hardly any economic sphere in which the insurance issue is not included.
    [Show full text]
  • The 17Th International Colloquium on Amphipoda
    Biodiversity Journal, 2017, 8 (2): 391–394 MONOGRAPH The 17th International Colloquium on Amphipoda Sabrina Lo Brutto1,2,*, Eugenia Schimmenti1 & Davide Iaciofano1 1Dept. STEBICEF, Section of Animal Biology, via Archirafi 18, Palermo, University of Palermo, Italy 2Museum of Zoology “Doderlein”, SIMUA, via Archirafi 16, University of Palermo, Italy *Corresponding author, email: [email protected] th th ABSTRACT The 17 International Colloquium on Amphipoda (17 ICA) has been organized by the University of Palermo (Sicily, Italy), and took place in Trapani, 4-7 September 2017. All the contributions have been published in the present monograph and include a wide range of topics. KEY WORDS International Colloquium on Amphipoda; ICA; Amphipoda. Received 30.04.2017; accepted 31.05.2017; printed 30.06.2017 Proceedings of the 17th International Colloquium on Amphipoda (17th ICA), September 4th-7th 2017, Trapani (Italy) The first International Colloquium on Amphi- Poland, Turkey, Norway, Brazil and Canada within poda was held in Verona in 1969, as a simple meet- the Scientific Committee: ing of specialists interested in the Systematics of Sabrina Lo Brutto (Coordinator) - University of Gammarus and Niphargus. Palermo, Italy Now, after 48 years, the Colloquium reached the Elvira De Matthaeis - University La Sapienza, 17th edition, held at the “Polo Territoriale della Italy Provincia di Trapani”, a site of the University of Felicita Scapini - University of Firenze, Italy Palermo, in Italy; and for the second time in Sicily Alberto Ugolini - University of Firenze, Italy (Lo Brutto et al., 2013). Maria Beatrice Scipione - Stazione Zoologica The Organizing and Scientific Committees were Anton Dohrn, Italy composed by people from different countries.
    [Show full text]
  • Download the Guide
    A Guide to Brexit Terminology This glossary has been designed to explain some of the key terms used in relation to Brexit. At the end of the glossary are links to additional resources and originals of key documents. The Glossary is not designed to be an exhaustive list and the authors hope that you find the explanations of key terms helpful. The UK which voted to join the EU had a different constitution to the UK that voted to leave the EU. This is reflected by some of the terminology used in the glossary and the inclusion of reference to the legislatures in Scotland, Wales and Northern Ireland. A | B | C | D | E | F | G | H | I | J | K | L | M | N |O| P | Q | R | S | T | U | V | W | X | Y | Z | A to Z of Brexit terms February 01 2019 version pg. 1 Advisory The Brexit referendum is often described as ‘only advisory’. The referendum was authorised and conducted under the European Union Referendum Act 2015. It is advisory because Parliament is sovereign and because the Act contained no enabling legislation. Enabling provisions are ones which explicitly state that Parliament is legally bound to implement the outcome of the referendum. Hence, Parliament was not legally obliged to enact the outcome of the Brexit referendum. In contrast, for countries with codified constitutions, the outcome of a referendum ‘may’, in some instances bind both parliament and the government to implement its result. In Britain, however, with an uncodified constitution, it is possible for the government to promise in advance that it would respect the result, but that promise would be only political and not legally binding as parliament cannot be bound be a previous parliament; it can change its mind.
    [Show full text]
  • Trade and Cultural Contacts Between Northern and Southern Persian Gulf During Parthians and Sasanians: a Study Based on Pottery from Qeshm Island
    Intl. J. Humanities (2011) Vol. 18 (2): (89-115) Trade and Cultural Contacts between Northern and Southern Persian Gulf during Parthians and Sasanians: A Study Based on Pottery from Qeshm Island Alireza Hojabri-Nobari 1, Alireza Khosrowzadeh 2, Seyed Mehdi Mousavi Kouhpar 3, Hamed Vahdatinasab 4 Received:21/9/2011 Accepted:3/1/2011 Abstract The first season of survey at Qeshm, carried out during the winter of 2006, resulted in the identification of nine sites from the Parthian and Sasanian periods. The surface pottery from these sites suggests their trade and cultural relations with contemporary sites in the southern Persian Gulf and other areas. For instance, the Parthian and Sasanian glazed types in Qeshm Island are closely related materials found from Khuzestan as well as northern and southern coasts of the Persian Gulf, including ed-Dur, Suhar, Kush, Failaka and Qalat Bahrain. Parthian painted ware reveals close similarities to monochrome and bichrome painted pottery of southeastern Iran, Oman coasts and the southern Persian Gulf, specifically ed-Dur, Suhar, Kush and Tel-i-Abrak. The so-called Indian Red Polished Ware is the other diagnostic type widespread in the northern and southern coasts of the Persian Gulf from the middle Parthian up to the Downloaded from eijh.modares.ac.ir at 11:47 IRDT on Monday August 31st 2020 early Islamic period. The material was being widely produced in the Indian region (Gujarat) and Indus, and exported to different places around the Persian Gulf. The Coarse Black Ware ( ceramic noir epaise ) with decorative raised bands recorded in Qeshm compares with coarse-black material from the southern Persian Gulf, also occurring at sites such as ed-Dur and Abu Dhabi Islands.
    [Show full text]
  • 3 | 2016 Megatrend Revija
    C M Y K 3 16 Vol. 13 (3) 2016 • UDK 33 • ISSN 1820-3159 | MEGATREND MEGATREND REVIJA REVIEW MEGATREND REVIEW 3 | 2016 MEGATREND REVIJA www.naisbitt.edu.rs C M Y K Vol. 13, № 3, 2016 MEGATREND REVIJA MEGATREND REVIEW 3/2016 Univerzitet „Džon Nezbit”, Beograd “John Naisbitt” University, Belgrade Megatrend revija • Megatrend review № 3/2016 I zdavački savet / Publishing Council: Predsednik / President: Professor Slobodan Pajović, PhD Članovi iz inostranstva / International members: Professor Jean-Jacques CHANARON, PhD – Grenoble Ecole de Management, France Academician Vlado KAMBOVSKI – Macedonian Academy of Sciences and Arts, Skopje, FYR Macedonia Professor Žarko LAZAREVIć, PhD – Institute for Contemporary History, Ljubljana, Slovenia Professor Norbert Pap, PhD – University of Pécs, Hungary Professor Sung Jo PARK, PhD – Free University, Berlin, Germany Professor Ioan TalpOS, PhD – west University of temisoara, romania Članovi iz Srbije / Members from Serbia: Professor Miljojko BAZIć, PhD – “John Naisbitt” University, Belgrade Associate Professor Ana JOVANCAI STAKIć, PhD – “John Naisbitt” University, Belgrade Professor Oskar KOVAč, PhD – “John Naisbitt” University, Belgrade Professor Momčilo MILISAVLJEVIć, PhD – in retirement Professor Dragan NIKODIJEVIć, PhD – “John Naisbitt” University, Belgrade Professor Milivoje PAVLOVIć, PhD – “John Naisbitt” University, Belgrade Professor Vladimir PRVULOVIć, PhD – “John Naisbitt” University, Belgrade Professor Milan STAMATOVIć, PhD – Metropolitan University, Belgrade Professor Slobodan STAMENKOVIć, PhD – “John Naisbitt” University, Belgrade Izdaje i štampa / Published and printed by: Univerzitet „Džon Nezbit”, Beograd / “John Naisbitt” University, Belgrade ISSN 1820-3159 A dresa redakcije / Editorial address: Megatrend revija / Megatrend Review UDK / UDC 33 Bulevar maršala Tolbuhina 8 11070 Novi Beograd, Srbija Svi članci su recenzirani od strane dva recenzenta. Tel.: (381-11) 220 31 50 All papers have been reviewed by two reviewers.
    [Show full text]
  • USA -V- Julian Assange Judgment
    JUDICIARY OF ENGLAND AND WALES District Judge (Magistrates’ Court) Vanessa Baraitser In the Westminster Magistrates’ Court Between: THE GOVERNMENT OF THE UNITED STATES OF AMERICA Requesting State -v- JULIAN PAUL ASSANGE Requested Person INDEX Page A. Introduction 2 a. The Request 2 b. Procedural History (US) 3 c. Procedural History (UK) 4 B. The Conduct 5 a. Second Superseding Indictment 5 b. Alleged Conduct 9 c. The Evidence 15 C. Issues Raised 15 D. The US-UK Treaty 16 E. Initial Stages of the Extradition Hearing 25 a. Section 78(2) 25 b. Section 78(4) 26 I. Section 78(4)(a) 26 II. Section 78(4)(b) 26 i. Section 137(3)(a): The Conduct 27 ii. Section 137(3)(b): Dual Criminality 27 1 The first strand (count 2) 33 The second strand (counts 3-14,1,18) and Article 10 34 The third strand (counts 15-17, 1) and Article 10 43 The right to truth/ Necessity 50 iii. Section 137(3)(c): maximum sentence requirement 53 F. Bars to Extradition 53 a. Section 81 (Extraneous Considerations) 53 I. Section 81(a) 55 II. Section 81(b) 69 b. Section 82 (Passage of Time) 71 G. Human Rights 76 a. Article 6 84 b. Article 7 82 c. Article 10 88 H. Health – Section 91 92 a. Prison Conditions 93 I. Pre-Trial 93 II. Post-Trial 98 b. Psychiatric Evidence 101 I. The defence medical evidence 101 II. The US medical evidence 105 III. Findings on the medical evidence 108 c. The Turner Criteria 111 I.
    [Show full text]
  • Download Tour
    Qeshm Island Tour Tour Destinations: Tehran to Tehran Duration: 5Days Tour styles: Style Nature Adventurous Cultural Code: PIQI Tour route: Tehran The Qeshm Island Tehran Tailor made Tour highlights The exotic Chahkooh Valley, Lenj boat workshop (UNESCO heritage), Hengam Island, scenic beaches What you need to know about this tour Qeshm Island is a newly discovered destination in southern Iran, attracting the travelers who seek untouched beaches, unspoiled culture and mild weather during winter, when everywhere else is covered with snow. Qeshm and other islands around it are fantastic places for relaxing, water sports and meeting locals who live in unknown villages. PacktoIran has designed “Qeshm Island Adventure” as a tour for the nature lovers who are seeking new Island experience. What is Included 4 nights accommodation at ecolodge English speaking guide Private vehicle Airport transfers Tour accommodations: Nights stay in Ecolodge Tour Meals: 4 Breakfasts, 1 Lunch, 2 Dinner Day 1: Tehran-Qeshm Welcome to Iran. This tour will start from Tehran, the capital of Iran. Considering your arrival time, you can visit the top attractions of Tehran, like the UNESCO listed Golestan Palace or the Iran National Museum. In the afternoon you’ll be transferred to Mehrabad Airport for your domestic flight to the Qeshm Island. Your leader will meet you at the airport and you will head to the eco-lodge at one of the villages of Qeshm Island, where you can get relaxed and unattached from city hustle for a couple of days. This afternoon you will take a walk by an untouched beach and have a local homemade meal as welcome dinner.
    [Show full text]
  • Þingvellir National Park
    World Heritage Scanned Nomination File Name: 1152.pdf UNESCO Region: EUROPE AND NORTH AMERICA __________________________________________________________________________________________________ SITE NAME: Þingvellir National Park DATE OF INSCRIPTION: 7th July 2004 STATE PARTY: ICELAND CRITERIA: C (iii) (vi) CL DECISION OF THE WORLD HERITAGE COMMITTEE: Excerpt from the Report of the 28th Session of the World Heritage Committee Criterion (iii): The Althing and its hinterland, the Þingvellir National Park, represent, through the remains of the assembly ground, the booths for those who attended, and through landscape evidence of settlement extending back possibly to the time the assembly was established, a unique reflection of mediaeval Norse/Germanic culture and one that persisted in essence from its foundation in 980 AD until the 18th century. Criterion (vi): Pride in the strong association of the Althing to mediaeval Germanic/Norse governance, known through the 12th century Icelandic sagas, and reinforced during the fight for independence in the 19th century, have, together with the powerful natural setting of the assembly grounds, given the site iconic status as a shrine for the national. BRIEF DESCRIPTIONS Þingvellir (Thingvellir) is the National Park where the Althing - an open-air assembly, which represented the whole of Iceland - was established in 930 and continued to meet until 1798. Over two weeks a year, the assembly set laws - seen as a covenant between free men - and settled disputes. The Althing has deep historical and symbolic associations for the people of Iceland. Located on an active volcanic site, the property includes the Þingvellir National Park and the remains of the Althing itself: fragments of around 50 booths built of turf and stone.
    [Show full text]
  • Iran's Annual Petchem Exports Rises to 19M Tons
    Azeri and Iranian NUMOV 2016 confab Mahdavikia: Zidane is Cannes to 21112defense chiefs discuss 4 on Iran to Kick off the best player I’ve screen “Maman NATION Karabakh conflict ECONOMY tomorrow in Berlin SPORTS played against ART& CULTURE Soori’s Case” WWW.TEHRANTIMES.COM I N T E R N A T I O N A L D A I L Y Top judge: Any move to undermine missile program is a ‘betrayal’ 2 12 Pages Price 10,000 Rials 37th year No.12520 Tuesday APRIL 5, 2016 Farvardin 17, 1395 Jumada Al Thani 26, 1437 International politics Assad: Iran of Middle East is Iran’s annual petchem helping bewilderingly complex: to find a Bruce Hall exports rises to 19m tons EXCLUSIVE INTERVIEW ECONOMY TEHRAN — Iran lion-ton increase compared to its chemicals were produced by the use of solution to By Javad Heirannia deskexported 19 million preceding year, according to an official 80 percent of the capacity of domestic tons of petrochemical products during with Iran’s National Petrochemical Com- plants,” Alimohammad Bossaqzadeh, TEHRAN — Rodney Bruce Hall, a professor of inter- Syria crisis the past Iranian calendar year of 1394 pany (NPC). the NPC’s control manager told the Sha- By staff and agency national relations at the University of Macau, says, “The (which ended on March 19), a 2.5-mil- “Yesteryear, 46 million tons of petro- na news agency on Monday. contemporary international politics of the Middle East is 4 Syrian President Bashar al-Assad has bewilderingly complex.” said that a solution to the Syrian cri- In an interview with the Tehran Times, Hall says, “This sis should
    [Show full text]
  • Serbia 2029 Prospectus
    REPUBLIC OF SERBIA (represented by the Government of the Republic of Serbia, acting by and through the Ministry of Finance) €1,000,000,000 1.500 per cent. Notes due 2029 Issue price: 98.909 per cent. The €1,000,000,000 1.500 per cent. Notes due 2029 (the “Notes”) to be issued by the Republic of Serbia, represented by the Government of the Republic of Serbia acting by and through the Ministry of Finance (the “Issuer”) will mature on 26 June 2029 and, unless previously purchased and cancelled, will be redeemed at their principal amount on that date. The Notes will bear interest at a rate of 1.500 per cent. per annum. Interest will accrue on the outstanding principal amount of the Notes from and including 26 June 2019 and will be payable annually in arrear on 26 June in each year, commencing on 26 June 2020. All payments of principal and interest in respect of the Notes shall be made free and clear of, and without withholding or deduction for, any taxes, duties, assessments or governmental charges of whatever nature imposed, levied, collected, withheld or assessed by or within the Republic of Serbia (the “Republic of Serbia” or “Serbia”) or any political subdivision or any authority thereof or therein having power to tax, unless such withholding or deduction is required by law. In that event, the Issuer shall pay such additional amounts as will result in the receipt by the Noteholders of such amounts as would have been received by them if no such withholding or deduction had been required, subject to certain exceptions set out in the Conditions (as defined below).
    [Show full text]