Bilateral Agreement Sri Lanka
Sri Lanka is also a party to SAFTA, the Agreement on a South Asian Free Trade Area, and to BIMSTEC, which aims to develop a regional free trade agreement. International investment agreements (AI) are divided into two types: (1) bilateral investment agreements and (2) investment contracts. A bilateral investment agreement (ILO) is an agreement between two countries to promote and protect investments made by investors from the countries concerned in the territory of the other country. The vast majority of IDu are bits. The category of contracts with investment rules (TIPs) includes different types of investment contracts that are not BITs. There are three main types of TIPs: 1) global economic contracts that contain commitments that are often included in ILOs (. B, for example, a free trade agreement with an investment chapter); 2. contracts with limited investment provisions (for example. B, investment creation or free transfer of investment-related funds; and 3) contracts that contain only “framework clauses,” such as. B on investment cooperation and/or a mandate for future investment negotiations. In addition to IDAMIT, there is also an open category of investment-related instruments (IRIs). It includes various binding and non-binding instruments, such as model agreements and draft instruments, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organisations and others. IIA Navigator This IIAs database – the IIA Navigator – is managed by the IIA section of UNCTAD.
You can browse THE IIAs that are completed by a given country or group of countries, view the recently concluded IIAs, or use advanced research for sophisticated research tailored to your needs. Please mention: UNCTAD, International Investment Agreements Navigator, available in UNCTAD`investmentpolicy.unctad.org/international-investment-agreements/ Work Programme on International Investment Agreements (UNCTAD), actively assists policy makers, government officials and other IIA stakeholders in reforming the IIA to make them more conducive to sustainable development and inclusive growth. International investment rules are established at bilateral, regional, inter-regional and multilateral levels. It requires policy makers, negotiators, civil society and other stakeholders to be well informed about foreign direct investment, international investment agreements (AI) and their effects on sustainable development.