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The Global Regulatory Network (GRN) was created in October 2002 to encourage information exchange and local capacity building for international regulatory commissions. GRN promotes a better understanding of complex regulatory issues faced by public utility regulators in Africa, the Caribbean, Latin America and Asia. For countries with recently created associations the Global Regulatory Network provides assistance with structure, function, governing principles and procedures, funding issues, technical trainings, website development, systematization of association activities and member involvement.