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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

Commercial Information Circular

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref. : CR TID 2302/60

28 February 2020

Dear Sir/Madam,

Commercial Information Circular No. 164/2020

The United Arab Emirates : Investment Promotion and Protection Agreement between Hong Kong and the United Arab Emirates

INTRODUCTION

The Investment Promotion and Protection Agreement (IPPA) between Hong Kong and the United Arab Emirates (UAE) will enter into force on 6 March 2020.

THE INVESTMENT AGREEMENT

2.Under the IPPA, the two sides undertake to provide investors of the other side with fair, equitable and non-discriminatory treatment of investments; compensation in the event of expropriation of investments; and the right to free transfers abroad of investments and returns. The IPPA also provides for settlement of investment disputes under internationally accepted rules, including arbitration. The IPPA will enhance the confidence of investors, expand investment flows between Hong Kong and the UAE and further strengthen the economic and trade ties between the two places.

3.Full text of the IPPA is available at <https://www.tid.gov.hk/english/ita/ippa/index.html>.

ENQUIRIES

4.For enquiries, please contact Miss Joyce Tai at 2398 5505.

Yours faithfully,

(Miss Mandy Lam)
for Director-General of Trade and Industry

Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.