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The inaugural Global Forum on Asset Recovery (GFAR) was held in Washington, DC, December 4th to 6th,hosted by the United Kingdom and the United States with support from the Stolen Asset Recovery Initiatvie (StAR). Its inaugural meeting focused on assistance to four priority countries: Nigeria, Sri Lanka, Tunisia and Ukraine.
While guidance and examples can be useful, each PPP/ concession law needs careful drafting to be consistent with the host country's existing laws. Legal draftsmen need to strike a balance between setting ground rules that transparency and imposing general IInitiative that may hinder bidding teams from achieving value for money or sensible solutions when bidding out PPP projects.