Contract Law Enforcement (CLE) Program

Contract Law Enforcement (CLE) Program News

Roundtable on the Importance of Contracts and Alternative Dispute Resolution

Roundtable on the Importance of Contracts and Alternative Dispute ResolutionPhoto by: The USAID Contract Law Enforcement (CLE) Program

Pristina, 31 October 2013- To avoid becoming subject of any kind of disagreement that would arise from oral agreements, to avoid any risk of misunderstanding or incorrectness, formal written contracts are crucial for businesses. The importance of contracts, opportunities for alternative resolution of disputes through arbitration and mediation centers, as well as enforcement possibilities were the main topics of the roundtable ‘Put it on Paper’ organized by the USAID Contract Law Enforcement Program in cooperation with the American Chamber of Commerce in Kosovo. This roundtable was attended by representatives of AmCham member companies, from the trade and processing sector.

In the opening of the roundtable, David Greer, Director of the USAID Contract Law Enforcement Program, stressed the high importance of contracts which define the obligations of the parties and provide legal evidence in case of disputes, which then may be resolved through Courts or Alternative Dispute Resolution Centers (ADRC). Whereas, the Executive Director of American Chamber of Commerce, Arian Zeka, while thanking USAID programs for the given contribution on development of alternative mechanisms for dispute resolution, said that the applicability of contracts and efficiency improvement of the court system are preconditions for attracting foreign investments.

Considering that mediation and arbitration are relatively new concepts in Kosovo and only few businesses have incorporated in their contracts the clauses for alternative dispute resolution through specialized centers, USAID Contract Law Enforcement (CLE) Program in cooperation with American Chamber of Commerce will continue with similar projects in the future for member companies of other sectors.

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