BUJUMBURA, February 19th (ABP) – The Ministry of Trade, Transport and Tourism, through the Trade Facilitation and Integration Project in the Great Lakes Region (PFCIGL), organized on Tuesday, February 18, 2025 in Bujumbura, a workshop to present the provisional report of the mission to draw up the implementing texts of the Commercial Code.
In her welcoming speech, Clotilde Nizigiyimana, coordinator of the PFCIGL, stressed that this report defines the rules that govern the life of businesses, supervises commercial relations and guarantees the legal security of transactions. She noted that it is imperative that these implementing texts be clear, coherent and adapted to the economic and social reality of the country so that they can fully play this role.
The report aims to diagnose the gaps and inconsistencies of existing texts, to identify missing texts and to examine, if necessary, their compliance with international standards, before proposing concrete solutions to improve their effectiveness, the coordinator of the PFCIGL underscored.
In his speech, Gérard Niyokindi, assistant to the Minister responsible for trade, pointed out that this report marks an important step in the ongoing reform and reflects the desire to create an economic environment favorable to growth, innovation and employment.
Furthermore, he specified, the report includes all the implementing texts of the Commercial Code in French and Kirundi. Dr. Maître Amani Jean Pierre, consultant, highlighted, during his presentation, the quality and relevance of the report, thus contributing to the construction of a modern and effective legal framework in commercial matters, in line with Burundi’s ambitions.
Due to the relevance of the questions, observations, comments and recommendations raised by the participants concerning the provisional report, they were granted a 3-day period to submit all additional suggestions, before its final validation.
It is worth recalling that this project is entirely financed by the World Bank, to the tune of 90 million US dollars.