Government Procurement Agreement establishes a framework of rights and obligations with respect to laws, regulations, procedures and practices regarding public procurement. The aim is to achieve greater liberalisation and expansion of world trade by establishing transparent, fair and open procurement practices. The European Bank will help countries of operations meet their objectives of achieving economic development and transforming their public administration systems. The Bank supports the development of public procurement laws and practices within its countries of operations that are consistent with the principles of the WTO/GPA.
Publication Date: 02.2014