Example for Bilateral Investment Promotion and Protection Agreement
Nepal- India Agreement
"There has been a lot of buzz about Bilateral Investment Promotion and Protection Agreement (BIPPA) signed on October 21, 2011 between Nepal and India. "
What is BIPPA
" BIPPA is a legal instrument that establishes specific rights and obligations to meet the primary purpose of protecting foreign investments against discriminatory measures (i.e. policy inconsistencies) by the host state. To ensure protection and promotion of investments, and to encourage capital flows along with the commitment to credible liberal economic policies, countries typically enter into investment protection agreements like BIPPA. In principle, it ensures reciprocal encouragement, promotion and protection of investments, thus enabling conditions conducive to increase investment ." Click here
Consequences of BIPPA - "Irate international investors in telecomcompanies, whose mobile phone permits were cancelled by the Supreme Court on Thursday, may sue the Indian government for damages in a global forum, even as they enlist the support of their respective governments to safeguard their investments here."
an example from India ..click here to read more
"There has been a lot of buzz about Bilateral Investment Promotion and Protection Agreement (BIPPA) signed on October 21, 2011 between Nepal and India. "
What is BIPPA
" BIPPA is a legal instrument that establishes specific rights and obligations to meet the primary purpose of protecting foreign investments against discriminatory measures (i.e. policy inconsistencies) by the host state. To ensure protection and promotion of investments, and to encourage capital flows along with the commitment to credible liberal economic policies, countries typically enter into investment protection agreements like BIPPA. In principle, it ensures reciprocal encouragement, promotion and protection of investments, thus enabling conditions conducive to increase investment ." Click here
Consequences of BIPPA - "Irate international investors in telecomcompanies, whose mobile phone permits were cancelled by the Supreme Court on Thursday, may sue the Indian government for damages in a global forum, even as they enlist the support of their respective governments to safeguard their investments here."
an example from India ..click here to read more
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