CNA Instructor helps Government of Vietnam with new law
12/2/2004 11:17:49 AM
Bill Kosar has been selected by the United Nation’s Development Program to assist the Socialist Republic of Vietnam in drafting their new company law – the Unified Enterprise Law (UEL).
The International Business Professor at College of the North Atlantic’s Burin campus will travel to Vietnam’s capital city of Hanoi on at least two occasions during the next three months to meet with the drafting team and make presentations to the government of Vietnam.
According to the assignment’s terms of reference, the new law, coupled with other existing laws, constitutes a critical step in Vietnam’s transition into a fully developed market economy. Their goal is to develop a uniform legal framework and level playing field for all economic participants in the country.
With Kosar’s help, the government is analyzing and comparing models of international business practice and the varying forms of cooperation and participation with existing forms of market economy enterprise throughout the globe. The goal is to develop a comparative study of findings which the country can use to examine existing practices and improve upon them. It is Kosar’s job to examine and decipher these findings and present the country with a new law to help spur the economic development of its private sector.
“Basically, the country wants to take a look at other countries’ laws and adapt them to Vietnam to make it easier for foreigners to do business,” says Kosar.
They were looking specifically for an internationally renowned legal expert in comparative legal knowledge and experience covering Europe, the United States and Asia in particular, in the fields of foreign enterprise and foreign investment laws.
They were looking for Kosar.
Called to the Bar of Ontario in 1984, Kosar has since practiced in the areas of corporate-commercial law, international business law and domestic and international construction law. Indeed, he is acknowledged by Lexpert as one of the leading construction law practitioners in Canada and has represented a wide range of international and domestic corporations, individuals and governments in transactions around the world. He has appeared as an expert witness on international corporate law in the Ontario Superior Court of Justice and has given expert evidence in Canadian contract law in the Commercial Court of the Czech Republic.
In 1996 he graduated with a Master of Laws degree in European Management and Employment Law from the University of Leicester in the United Kingdom. His dissertation dealt with the emerging European law of International Development as applied through the Lomé Agreements. An extract from that dissertation was published in The International Construction Law Review.
Kosar has published and spoken globally on international business and foreign investment law, construction law and currency laws. He authored the first published article in the English language on the then “New Hungarian Law on Economic Associations.”
He leaves shortly for a-two week trip to Vietnam and is expected to return again early in the new year. The study is expected to be completed in January 2005 and put into effect by June 2005 in preparation for Vietnam’s entry into full membership with the World Trade Organization.
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