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Local Content Requirements in the Oil and Gas Sector - A. de Lima Campos Keynote Day 1

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Aluisio de Lima-Campos Chairman, ABCI Institute; Adjunct Professor, American University Washington College of Law Vienna, September 30, 2013 General aspects of LCRs The Norwegian and Brazilian Models Relevant WTO disputes and provisions  Lessons learned and final remarks Country Legislation/Policy Year enacted Focus Brazil Local Content Legislation 2003 Oil concession Trinidad & Tobago Local Content & Local Participation Framework 2004 In-cou
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  Aluisio de Lima-Campos Chairman, ABCI Institute;  Adjunct Professor, American University Washington College of Law Vienna, September 30, 2013     General aspects of LCRs  The Norwegian and Brazilian Models  Relevant WTO disputes and provisions   Lessons learned and final remarks  Country Legislation/Policy Year enacted Focus Brazil Local Content Legislation 2003 Oil concession Trinidad & Tobago Local Content & Local Participation Framework 2004 In-country fabrication Kazakhstan Law of the Republic of Kazakhstan; 223-IV 2009 Procurement & services Indonesia Local Content Rules 2009 Procurement of domestic inputs Nigeria Local Content Act 2010 Indigenous participation and domiciliation of oil and gas activities Source: ADO, Rabiu. Local content policy and the wto rules of traderelated investment measures (trims): the pros and Cons. International Journal of Business and Management Studies.  Aberdeen: Vol.2(1), 2013, p.137-146.   macroeconomic and short-term: strengthening demand directed to the domestic market and employment expansion;  more specific focus and long-term perspective:  (i) diversification of the industrial sector; (ii) development of technology-intensive sectors and high growth potential; (iii) build relevant segments to enhance national security
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