Technical Cooperation Agreement Saudi Arabia

By 10. Oktober 2021Allgemein
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International investment agreements (IIAs) are divided into two types: (1) bilateral investment agreements and (2) investment agreements. A bilateral investment agreement (BIT) is an agreement between two countries on the promotion and protection of investments made by investors of the countries concerned in the territory of the other country. The vast majority of AIIs are BITs. The category of contracts with investment rules (TIPs) includes different types of investment agreements that are not NTBs. Three main types of PNT can be distinguished: 1. global economic contracts, which contain obligations usually found in THE ILO (e.g. B a free trade agreement with an investment chapter); (2) contracts with limited investment provisions (e.g. B only those relating to the creation of investments or the free transfer of investment funds); and 3. Contracts that contain only „framework clauses“, such as. B cooperation on investments and/or mandates for future investment negotiations.

In addition to AIIs, there is also an open category of investment-related instruments (IRIs). It includes several binding and non-binding instruments, such as model agreements and drafts, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organizations and others. The IIA navigator will be constantly adapted following the review and comments of UN Member States. It is mainly based on information provided by governments on a voluntary basis. A contract is included in a country`s IIA census as soon as it is formally concluded; Contracts whose negotiations have been concluded but not signed are not accounted for. A contract is excluded from the IIA`s census as soon as its termination takes effect, as soon as it continues to have a legal effect on certain investments during its survival period („sunset“). In the event of renewal of a contract, only one of the contracts between the same parties shall be counted. . . .

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