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Schnitzer Law Advises Ukraine on Accession to WTO Government Procurement Agreement

Schnitzer Law has advised Ukraine on the accession process to the World Trade Organisation’s Government Procurement Agreement (the GPA), which the country will become an official member of on May 18, 2016.

According to a Schnitzer press release, the firm "advised Ukraine comprehensively on the GPA during the accession process, within the framework of a project financed by the European Bank for Reconstruction and Development. The accession of Ukraine to the GPA – the most important international treaty on liberalizing national procurement markets worldwide – is ground-breaking in several ways: Firstly, it is remarkable that Ukraine managed to succeed with the GPA accession process despite the current difficult geopolitical circumstances. Secondly, companies from other GPA member countries (for instance, companies registered in one of the EU Member States or the U.S.) will enjoy access to the Ukrainian procurement market according to the terms and conditions as agreed between GPA parties with immediate effect. Thirdly, Ukraine joining the GPA is a clear signal in the fight against corruption in public procurement processes in Ukraine.”

“With Ukraine joining the WTO Government Procurement Agreement we have been able to positively contribute to arguably one of the most exciting projects in the public procurement arena within recent years,” said Schnitzer Managing Director Johannes Schnitzer. "We are particularly proud that we were able to make best use of our legal and strategic expertise for Ukraine during the complex rounds of negotiations in Geneva, which started in 2009.”

“We expect increased participation by foreign companies in tender procedures in Ukraine given the market access opportunities resulting from Ukraine’s GPA accession,” added Of Counsel Oleksandr Shatkovskyi. "Importantly, the GPA guarantees foreign companies effective legal protection."

Last modified onTuesday, 17 May 2016 14:25
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