Bahrain has completed the ratification of the Bahrain-Hungary Investment Protection Agreement (2024) through Law No. 19 of 2025, effective as of 23 April 2025.

Investment Promotion Agreements (IPAs) commit national governments to reduce investment risks, such as foreign exchange controls, expropriation, nationalisation, confiscation, and threats from wars, rebellions, or riots.

The agreement was approved by Bahrain’s Council of Representatives (the lower house) on 4 February 2025 and by the Shura Council (the upper house) on 16 March 2025.

The ratification law is now awaiting publication in the Official Gazette of Bahrain.