A Quick Glance At The Canada-china Foreign Investment Promotion & Protection Agreement

By Author: martin well
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With every country having different regulations for licensing taxes, compliance laws, and for data privacy, it is important to be fully aware of the laws of that particular country before setting up a foreign operation. To protect investors from arbitrary government actions, the Governments of Canada and China have signed a bilateral investment treaty. Specific provisions of the treaty will be announced once it gets approved by the parliaments of both the countries.

The Canada-China Foreign Investment Promotion and Protection Agreement (Canada-China FIPA) may include the following provisions:
• A transparent process for issuing decisions or making laws that can affect investments and investors;
• Facility for easy transfer of funds generated from investments;
• Compensation against expropriation of investments;
• In line with the international regulations, investments will be accorded with a minimum global standard of treatment; and
• Provision of non-discrimination rights to benefit investors; whereby they do not suffer from notable disadvantages in comparison to the counter party/ ...
... foreign country investors.

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