Core Principles for Effective Telecommunication Regulation
A clear, concise and effective legal, regulatory and institutional framework
is critical for the attraction of private investment into the
telecommunications sector (the “Sector”) of transition economies. Such a
framework is also critical to ensure that the transition economies maximise
the benefits that flow from a competitive Sector and from the introduction of,
and widespread access to, the information communication technologies (ICT)
that support today’s “information society”. The need for such a framework is
particularly acute where there are increasing demands on limited capital
investment for infrastructure upgrade and expansion, whereby potential
investors have a wide range of opportunities to choose from globally, both in
transition economies and otherwise. A clear, concise and effective legal,
regulatory and institutional framework can be achieved through government and
Sector authorities ensuring that fundamental core principles for Sector
regulation, such as those promoted by the World Trade Organisation (WTO), the
European Union (EU) and other regional bodies, are fully reflected in Sector
policy, legislation, regulatory implementation and administration. These core
principles are endorsed by the EBRD.
The EBRD is currently inviting comments on this Statement
of Core Principles
(0.1Mb). If you have any comments or questions regarding this
statement, please contact the EBRD’s telecommunications specialist, Mr. Paul
Moffatt, on +44 0207 338 7453 or at moffattp@ebrd.com.