E I R A 2020 - EIRA MONITORING REPORT BELARUS

6 EIRA MONITORING REPORT BELARUS About the EIRA monitoring report Under the EU4Energy Initiative, and within the The Monitoring Report includes a qualitative analysis context of the Program of Work of the Energy of reforms that have been undertaken and identifies Charter Secretariat, the Government of Belarus actions needed to achieve the country’s goals as has participated in EIRA since the asses. [...] The analysis is based on a review of the existing legal and regulatory framework in the country in The implementation status is depicted through an relation to the energy sector and investment climate, overview of the areas for improvement identified in and on the results of the corresponding survey. [...] of business (sector of economy); the declared investment volume; the number of workplaces to be created; the financial and organisational capacities of bidders; and the compliance of the investment project with the regulations on the exploitation of land plots. [...] The powers, functions, and role of the Ministry of Energy are described in the Resolution of the Council of Ministers no.  1595 of 31 October 2001 “On Approval of the Regulation on the Ministry of Energy of the Republic of Belarus”. [...] Article 13 of the Law no.  53-3 of 12  July  2013 “On Investments” reads: “Disputes between the investor and the Republic of Belarus, being unsettled in the extrajudicial procedure, by virtue of holding talks, within 3 months upon the receipt of the written proposal on their settlement, are to be settled in the judicial procedure, in accordance with the legislation of the Republic of Belarus, exce.