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President Iohannis approves law by which Ministry of Finance represents Romania in all international arbitration disputes

President Klaus Iohannis on Tuesday promulgated the law approving Emergency Ordinance 6/2024, according to which the Ministry of Finance is granted the right to represent Romania or public institutions in all international arbitration disputes, including arbitration requests which have as their object clauses that refer to the mutual protection of investments from the international treaties to which Romania is a party.In justified cases, the Government will be able to ...

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Wednesday, April 17, 2024