Speaking at a joint news conference with Reida Kashta (Shahollari), Albania’s negotiator for Chapter 5 on Public Procurement and head of the Public Procurement Agency, the government head said the current law had been extended temporarily to avoid a legal vacuum before the new framework is adopted.

“We are working in consultation with the European Union on a new law on strategic investors,” Rama said.

He described the existing legislation as a product of a specific period rather than an initiative unique to Albania.

“The law on strategic investors was imposed by the circumstances of a certain time and was not our invention,” Rama said. “Thanks to that law, we have achieved many things that other countries had done before us.”

Rama said the government intends to repeal the current law and replace it with new legislation, which he said was in the final stages of consultation.

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