[Federal Register Volume 63, Number 26 (Monday, February 9, 1998)]
[Notices]
[Pages 6594-6595]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-3201]


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DEPARTMENT OF STATE

[Public Notice No. 2742]


Secretary of State's Advisory Committee on Private International 
Law (ACPIL) Study Group on International Project Finance; Meeting 
Notice

    The Department of State's Advisory Committee on Private 
International Law will hold a Study Group meeting on international 
project finance and development Wednesday, February 18 at the 
International Law Institute in Washington, D.C. from 9:30 a.m.-3:00 
p.m. The purpose of the meeting is to review current developments in 
legal issues involved in overseas project finance, and in particular 
the effort by the United Nations Commission on International Trade Law 
(UNCITRAL) to prepare model legislative guidelines to facilitate 
project finance. Related developments under the auspices of the World 
Bank, the Inter-American Development Bank, and others will also be 
reviewed as appropriate.
    Issues to be discussed at the meeting will include evolving methods 
by which private and public financing and private sector development 
and management have been employed for long-term infrastructure 
projects, including build, operate and transfer (BOT) models. 
Legislative options to facilitate project design, development and 
operation, as well as project country regulation and off-shore payment 
facailities will be considered.

[[Page 6595]]

    The meeting will also assist in the preparation of United States 
positions on this topic for the UNCITRAL Plenary session to be held in 
New York in June 1998, and can serve as a resource for other 
international bodies engaged in related activities.
    The meeting of the Advisory Committee Study Group will be held at 
the International Law Institute at 1615 New Hampshire Avenue, N.W., 
Washington, D.C., and is open to the public up to the capacity of the 
meeting room and subject to rulings of the Chair. Participants are 
advised to reserve places in advance by notifying Stuart Kerr at the 
ILI at (202)483-3036, fax 483-3029, or Rosie Gonzales of the Office of 
Legal Adviser (L/PIL) at (202) 776-8420, fax 776-8482.
    Participants who register in advance will be provided copies of the 
most recent drafts of United Nations documents on project finance 
legislation, which will be discussed at the meeting. Persons who cannot 
attend may request the documents and provide written comments either to 
the ILI , attention: Professor Don Wallace, Jr. at the above address, 
or to the Office of Legal Adviser of the Department of State (L/PIL), 
attention: Harold Burman at 2430 ``E'' Street, N.W., Washington, D.C. 
20037-2800.
    Additional UN documents on related topics may be available from the 
above offices, or sources for obtaining them from UN document centers 
will be provided, including the UNCITRAL Legal Guide for international 
construction contracts, UN Doc. No. E.87.V.10, the UNCITRAL Legal Guide 
on international countertrade transactions, UN Doc. E.93.V.7, and 
relevant materials of other international bodies.
Harold S. Burman,
Executive Director, Secretary of State's Advisory Committee on Private 
International Law.
[FR Doc. 98-3201 Filed 2-4-98; 4:33 pm]
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