w88 casino News Network (Contributed by the w88 casino of Economics and Business) As a leasing theory expert with considerable knowledge in the field of leasing in my country, through the International Institute for the Unification of Private Law (UNIDROIT) and confirmed by the Department of Treaty and Law of the Ministry of Commerce of the People’s Republic of my country, Professor Shi Yanping of the w88 casino of International Economics and w88 of w88 casino was invited by the International Institute for the Unification of Private Law to serve as a consultant on the “Legal Model of Financial Leasing Law” that it is drafting to meet the needs of the rapidly emerging financial leasing market in developing countries.
The International Institute for the Unification of Private Law is an intergovernmental international organization affiliated with the United Nations. It has long been committed to the unification and coordination of international private law. The conventions, general principles and other legal documents it has formulated have extensive and profound influence around the world. my country since20Century80Started to participate in the work of the International Institute for the Unification of Private Law in the 1980s.
Financial leasing is a financial innovation that emerged after World War II and has developed rapidly in developed countries, some relatively developed developing countries, and some transition countries. Because this financial instrument has the characteristics of promoting long-term private capital investment, being easy to operate, requiring low financial system maturity and thus lower financial risks, and being conducive to increasing employment and thus promoting economic development, it is increasingly valued by the governments of less developed countries. Currently, under the promotion of the International Finance Corporation, a subsidiary of the World Bank, financial leasing is gradually emerging in African countries.
In order to create a good rental market environment for emerging rental market countries,2005Year78845_9015
The legal officer and advisory committee of the International Institute for the Unification of Private Law responsible for drafting the financial lease law plan to hold three meetings. The first meeting has been held2005Year10month17-18Held in Rome, Italy on the 10th. The meeting mainly discussed the main contents that the Financial Leasing Law should include and conducted in-depth discussions on some key provisions. The meeting also decided that legal experts from the International Institute for the Unification of Private Law would11Complete the drafting of the first draft of the draft by the end of the month, and then submit it to the advisory committee for comments,2006Year2The second meeting will be held in March to discuss the draft.
According to the decision of the Board of Directors of the International Institute for the Unification of Private Law, the work of all advisory committee members is voluntary. Professor Shi Yanping’s ability to hire experts to participate in international legislation reflects the capabilities and professional contributions of w88 casino and experts in providing international-level policy consulting services.