Romanian Organization Offers Ombuds Services for International Investors

The International Union of Bilateral Chambers of Commerce and Industry touts itself as "the world’s largest business organization of the bi-national (bilateral) chambers of commerce and industry and all of their Unions, Federations or Joint Business Councils." At present, the IUBCCI is comprised of 48 chambers of commerce with ties to Romania. One of its programs is the International Ombudsman for Investors Corporation, "an organizational ombudsman established as a non-profit organization that represents the interests of the worldwide investors by investigating and addressing complaints of maladministration or violation of their economic, commercial and other similar important rights." 

The IUBCCI Ombuds offers four objectives and purposes, which are not exactly in line with traditional Organizational Ombuds standards:

1. To defend the interests of investors around the world, to promote and protect their economic, commercial and other similar rights in front of the authorities of any country;
2. To investigate complaints of investors and endeavor to solve them by using recommendations or Alternative Dispute Resolution Methods as mediation, conciliation, and arbitration;
3. To correct injustices caused to investors, individuals or legal entities, by maladministration or violation of their rights; [and]
4. To defend the interests of investors against any manifestation based on any discrimination on any grounds of nationality, sex, race, color, ethnic or social origin, genetic features, language, religion or belief, political or any other opinion, membership of a national minority, disability, HIV, age or sexual orientation or based on other prejudices involving racism, xenophobia, anti-Semitism and others alike.

No other details about the program, including staffing, are available. (IUBCCI Ombuds.)