29.11.2014 Views

#1(36)'13

#1(36)'13

#1(36)'13

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

marTlmsajuleba<br />

N1<br />

da<br />

kanoni<br />

da mimReb saxelmwifos Soris davebic). gaTvaliswinebulia davebis regulirebis ori ZiriTadi<br />

procedura, saxeldobr: mxareTa molaparakebis meSveobiT, xolo SeTanxmebis miuRwevlobisas _<br />

‘‘ad hoc” saarbitraJo proceduris saSualebiT. umravles SemTxvevaSi ki, araa daTqmebi arbitraJis<br />

mier gamosayenebeli samarTlis Sesaxeb. magram Tu amis Sesaxeb rig SeTanxmebebSi aRniSnulia,<br />

maSin mxareebi Tavad gansazRvraven gamosayenebel samarTals saerTaSoriso samarTlis principebze<br />

da normebze miTiTebebis CaTvliT, investiciebis mimRebi qveynis, erovnuli samarTlis<br />

normebis gamoyenebis rekomendaciebis CaTvliT.<br />

zemoaRniSnuli SeTanxmebis mokle analizi SeiZleba davasruloT am tipis SeTanxmebebisaTvis<br />

specifikur subrogaciul 9 daTqmebze miTiTebiT. aq subrogaciis instituti gadmotanilia sadazRvevo<br />

saqmidan. esaa damzRvevisaTvis sadazRvevo sazRauris gadamxdeli mzRvevelis regresis<br />

ufleba zianis mimyenebeli mxaris mimarT. subrogaciuli konstruqcia Setanilia praqtikulad<br />

yvela aseTi tipis SeTanxmebaSi da gulisxmobs, rom politikuri riskebis gamo, investoris<br />

mier Tavisi erovnuli sadazRvevo saagentosagan kompensaciis miRebis SemTxvevaSi, misi saxelmwifo<br />

an sadazRvevo saagento iZens investiciebis mimRebi saxelmwifos mimarT zaralis anazRaurebis<br />

moTxovnis uflebas.<br />

ucxouri investiciebisaTvis `politikuri~ riskebis problemebi erT-erTi aqtualuri<br />

sakiTxia msoflio Tanamedrove, rTuli politikuri fonis pirobebSi. rogorc mravalmxrivi,<br />

ise ormxrivi SeTanxmebebis yvela reJimSi prioritetulia investorTa dacvis meqanizmis gamar-<br />

Tuli funqcionireba, maTi interesebis dacva specifikuri, kerZod, e. w. `politikuri~ an sxvagvarad,<br />

arakomerciuli riskebisagan, romlebsac ganicdian investiciebi ZiriTadad, ganviTarebad<br />

qveynebSi.<br />

ramdenime sityviT e. w. privatizaciis Sesaxeb. 10 Tavisi ekonomikuri arsiT privatizacia aseve,<br />

sainvesticio zomaa _ sakuTrebis uflebebis gadanawilebisa, romelic iuridiulad safuZvlad<br />

udevs nebismier investirebas. erTi mxriv, ar arsebobs privatizaciis regulirebis raime zogadi<br />

saerTaSorisosamarTlebrivi normebi, rogorc sazogadod, investirebis mimarT. meore mxriv,<br />

arc erT, arc meore SemTxevaSi ar aris arc privatizaciis, arc nacionalizaciis, arc mTlianad<br />

investirebis sakiTxebis saerTaSoriso konvenciuri wesiT gadawyvetis dabrkolebebi. doqtrinaluri,<br />

vidre eqspropriaciisa da nacionalizaciis anazRaurebadobidan da aradiskriminaciulobis<br />

materialursamarTlebriv debulebebze dayrdnobis arasaimedoobis gaTvaliswinebiT,<br />

praqtika ucxouri investiciebis realuri dacvis uzrunvelyofis nawilSi yuradRebas amaxvilebs<br />

investiciebis waxalisebisa da dacvis ormxrivi SeTanxmebebis samarTlis instrumentebze,<br />

xolo investiciebis sandoobis uzrunvelyofis mTavari praqtikuli saSualeba amasTan, gaxda<br />

e.w. sainvesticio garantiebi. komerciul safuZvelze sainvesticio arakomerciuli riskebis garantireba<br />

(arsebiTad _ dazRvevis nairsaxeoba) xorcieldeba erovnul da/an saerTaSoriso<br />

doneebze ucxouri investiciebis garantirebulobis gansakuTrebuli meqanizmebis Seqmnis meSveobiT.<br />

komerciuli riskebis dazRveva arsebiTad ki ar aris gamoricxuli Cveulebriv sadazRvevo<br />

institutebSi, aramed garantiebis meqanizmebis Seqmna _ investoris mier arakomerciuli riskebis<br />

moqmedebis Sedegad gamowveuli danakargebisa da rac SeiZleba sruli kompensaciis miRebis<br />

erTaderTi saimedo uzrunvelyofaa. erovnul doneze investiciebis garantirebis funqciebi<br />

Cveulebriv ekisreba saxelmwifos mier Seqmnil specialur dawesebulebebs, romlebic aRWurvili<br />

arian iuridiuli piris uflebebiT, magram saxelmwifos saimedo kontrolis qveS. magaliTad,<br />

aSS-Si esaa sazRvargareTis kerZo investiciebis korporacia _ Overseas Private Investment Corporation<br />

(OPIC); kanadaSi eqsportis ganviTarebis korporacia (EDC) da sxva. zogadad, investiciebis garantirebis<br />

saerTaSoriso mravalmxrivi meqanizmebi regionuli an universaluria. regionuli meqanizmis<br />

iSviaTi magaliTia aziisa da afrikis, aseve, 22 arabuli qveynis erT-erTi sainvesticio<br />

22

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!