Canada & China Sign Investment Treaty Provide Protection to Investors against Arbitrary Govt Actions

The Governments of Canada and People Republic of China signed a bilateral investment treaty, the Canada-China Foreign Investment Promotion and Protection Agreement (Canada-China FIPA) on September 8, 2012.

Sunnyvale, CA (prHWY.com) October 3, 2012 - (Sunnyvale, CA)- The Governments of Canada and People Republic of China signed a bilateral investment treaty, the Canada-China Foreign Investment Promotion and Protection Agreement (Canada-China FIPA) on September 8, 2012. Specific provisions of the treaty will be announced once it gets approved by the parliaments of both the countries.

The 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.

For more information on this topic email media@nair-co.com
Get the latest press releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts.


sas70
Tax equalization expat
international financial accounting

###

Tag Words: pr, press release, canada, china investment treaty

Categories: Business

Press Release Contact
1250 Oakmead Parkway, Suite 210
Sunnyvale, CA 94085, U.S
+1 408.515.6887

Link To This Press Release:

URL HTML Code