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Politicians, Diplomats and Experts Discuss New Mechanisms for Better Regulatory Impact Assessment

Bulgaria urgently needs to revise the outdated Law on Normative Acts that was passed some 40 years ago and to consider regulatory mechanisms on the lobbying as soon as possible, said Hristo Ivanov, Deputy Prime Minister and Minister of Justice at the opening of the forum entitled Regulatory Impact Assessment (RIA) for Better Governance held at Hilton Sofia on September 10th, 2014. 
 
The conference gathered together representatives of political parties in Bulgaria, diplomats, foreign experts on RIA, and businesses. 
 
BCCI’s President Tsvetan Simeonov highlighted the firm position of the non-governmental organisations for a mandatory Regulatory Impact Assessment in the preparation of new normative acts, especially those related to business. 
 
The rule of law is the path to the prosperity of the Bulgarian society in the words of Bruce Berton, the new Deputy Chief of Mission at U.S Embassy in Bulgaria. He acknowledged the enormous trade potential of our country. At the same time a lot of U.S companies face legislative hindrances to realize their projects that in the end lead to corruptive practices. 
 
Johnathan Allen, U.K. Ambassador in Bulgaria admitted that Bulgaria already has a lot of the tools to make a successful regulatory assessment for transparent governance. All of the political parties have to comply with the rule of law. 
 
U.S. Best Practices on RIA were presented by Alex Hunt, Branch Chief Information Policy, Office of Information and Regulatory Affairs, U.S. Office of Management Budget. U.K. Best Practices were elaborated by Vera Asenova, EU/Economic Attaché, British Embassy in Sofia. 
How to perform the impact assessment in Bulgaria, which will be the regulatory body that should control the process and how it would function were topics at focus during the discussion between Mihail Mikov, Bulgarian Socialist Party, Rumiana Bachvarova of GERB, Lutvi Mestan, Movement of Rights and Freedom, and Meglena Kuneva, Bulgaria for Citizens Movement. 
 
The conference was a team effort of AmCham Bulgaria, U.S. Embassy, Bulgarian Chamber of Industry and Commerce, and was kindly supported by the U.K. Embassy in Bulgaria, Enterprise Europe Network, the European Commission and AES Bulgaria.
During the conference the President of the Bulgarian Chamber of Commerce and Industry Tsvetan Simeonov was awarded a Certificate of Appreciation by the U.S. Department of Commerce for the excellent partnership between the BCCI, the U.S. Embassy in Bulgaria and the U.S. Commercial Service with the Embassy. The award was handed by the U.S. Ambassador to Bulgaria H.E. Marcie Reis.
 

10.09.2014

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