The Bahrain – Hong Kong Investment Protection Agreement (2024) will enter into force on 21 March 2025.
Hong Kong and Bahrain signed an Investment Protection Agreement (IPA) on 3 March 2024 to strengthen mutual investment protection, with a view to enhancing confidence of investors, expanding investment flows and further strengthening the economic and trade ties between the two places.
Under the Agreement, the two governments undertake to provide investors of the other side with fair, equitable and non-discriminatory treatment of their investments, compensation in the event of expropriation of investments, and the right to free transfers abroad of investments and returns. The Agreement also provides for settlement of investment disputes under internationally accepted rules.
The agreement will enter into force after the fulfilment of the relevant internal procedures on both sides. The agreement will remain valid for a period of ten years and will automatically continue thereafter unless terminated by either party.
Earlier, Bahrain ratified the IPA agreement between the two countries on 13 February 2025.
