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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
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Hong Kong's Investment Promotion and Protection Agreements

Hong Kong has been endeavouring to sign Investment Promotion and Protection Agreements ("IPPAs" or "Investment Agreements" in short) with foreign economies in order to enhance two-way investment flows and boost our economy. An IPPA is an agreement between governments for the promotion and protection of investments made by investors of one contracting party in the area of the other contracting party.

Hong Kong's IPPAs give additional assurance to overseas investors that their investments in Hong Kong are protected, and enable Hong Kong investors to enjoy similar protection in respect of their investments overseas.
 
A typical IPPA provides for, among others, the following:

  • fair and equitable treatment of investments;
  • full protection and security of investments;
  • non-discriminatory treatment of investments;
  • non-discriminatory treatment in compensation for losses owing to, among others, war or other armed conflict;
  • compensation for expropriation of investments;
  • free transfer abroad of investments and returns;
  • settlement of investment disputes between a contracting party and an investor of another contracting party; and
  • settlement of disputes between the contracting parties on interpretation or application of the IPPA.
Hitherto, Hong Kong has signed 20 IPPAs with foreign economies.

 

IPPAs in force
IPPA Partners Dates of Entry
Into Force
IPPA Texts
(pdf)
Useful Links
Australia 15.10.1993 English
Austria 1.10.1997 English
Belgo-Luxembourg Economic Union 18.6.2001 English
Canada 6.9.2016 English
Press release:
Denmark 4.3.1994 English
Finland 16.3.2014 English
Press release:
France 30.5.1997 English
Germany 19.2.1998 English
Italy 2.2.1998 English
Japan 18.6.1997 English
Republic of Korea 30.7.1997 English
Kuwait 14.9.2013 English
Press release:
Netherlands 1.9.1993 English
New Zealand 5.8.1995 English
Sweden 26.6.1994 English
Switzerland 22.10.1994 English
Thailand 12.4.2006 English
Press release:
United Kingdom 12.4.1999 English

 

IPPAs signed
IPPA Partners Dates of Signing IPPA Texts
(pdf)
Useful Links
Chile 18.11.2016 English
Press release:
The Association of Southeast Asian Nations (ASEAN) 12.11.2017
Side agreements:
Press release:

 

IPPA negotiations concluded (pending signing)
IPPA Partners Useful Links
Bahrain
Mexico
Myanmar
United Arab Emirates

 

IPPAs under negotiation
IPPA Partners Useful Links
Iran
Russia

 

Information on investing in Hong Kong
 
Enquiries and Comments
Trade and Industry Tower, 3 Concorde Road, Kowloon City, Hong Kong
Tel. : 2398 5354 *
Fax : 2789 9761
E-mail :enquiry@tid.gov.hk
 
Office hours: Monday to Friday
  8:45 a.m.-12:30 p.m.
  1:30 p.m.- 6:00 p.m.
 

* All telephone conversations on the enquiry hotlines of the Trade and Industry Department shall be recorded to ensure service quality. The recorded conversations will be kept for 90 days. Members of the public may request for conversations relevant to them recorded in 90 days on a CD, at a charge of $50 per CD.