Bippa Agreement Zimbabwe

“There are arguments that Zimbabwe cannot be trusted because it cannot even sign an agreement with its neighbour, a package of regional power. That argument disappears. “The government will stick to the agreement and, at the same time, we do not want to increase our responsibility,” said Land Minister Herbert Murerwa. The signed agreement applies to “all investments made before or after the effective date of the agreement, but does not apply to property rights or interests forcibly acquired by a party in its own territory prior to the entry into force of this agreement.” The content of the BIPPA is also largely standard. This is surprising, because the South African government proposed, in a government position paper at the ILO in 2009, major changes to the ILO to give them less preference for investors. The BIPPA will come into force 30 days after the last notification of the two governments that their respective constitutional conditions for entry into force are met. It will remain in force for ten years and will remain in force until the written denunciation by one of the two governments and 12 months after the expiry of such a written notification. To date, neither government has publicly stated that their constitutional conditions for entry into force have been met. As a result, GDPPA is currently unworkable. IiA Mapping Project The IIA Mapping Project is a cooperative initiative between UNCTAD and universities around the world to represent the content of II A. The resulting database serves as a tool to understand trends in CEW development, assess the prevalence of different policy approaches, and identify examples of contracts.

The Mapping of IIA Content allows you to browse the results of the project (the page will be regularly updated as new results become available). Please quote as: UNCTAD, Mapping of IIA Content, available at investmentpolicy.unctad.org/international-investment-agreements/iia-mapping More information: Mapping Project Page Project Description – Methodology document These are agreements between countries that protect foreign investment. According to the Ministry of Foreign Affairs and International Trade, Zimbabwe has ratified at least 12 such agreements. These include South Africa, Germany, Denmark, the Netherlands and Switzerland, all of which had a considerable number of farmers in Zimbabwe. HARARE, Nov 27 (Reuters) – Zimbabwe signed an investment protection agreement with neighboring South Africa on Friday to secure funds to fix its struggling economy, but doubts remain about the security of foreign assets.

Comments are closed