Protection of Qatari investments in Italy.
Italian lawyers for Qatari companies in Italy.
The Agreement between Italy and Qatar on the reciprocal promotion and protection of investments, was signed in Rome on 22 March 2000.
Under this Agreement, each State undertakes to promote in its territory, as far as possible, investments by investors of the other State and admit such investments in accordance with its national law. Each State will grant a fair and equitable treatment to such investments in accordance with principles of international law.
None of the Contracting State can affect with arbitrary or discriminatory measures the management, conservation, use, or enjoyment of the investments made in its territory by investors of the other Contracting State. Each Contracting State shall create and maintain, in its territory, a legal framework to guarantee to investors the continuity of judicial treatment, including the compliance of all the commitments made in relation to each individual investor.
If investors of one of the Contracting State incur losses or damages in the investments made in the territory of the other Contracting State due to war, other forms of armed conflict, states of emergency, civil strife or other events of a similar nature, the Contracting State where investments were made will provide adequate compensation in respect of such loss or damage, regardless of whether they were caused by government forces. The compensation shall be freely transferable without undue delay. The investors will receive equal treatment with nationals of the other Contracting State and, in any case, not less favorable than that accorded to investors of third countries.
Investments made by investors of either Contracting State shall enjoy full protection and security in the territory of the other Contracting State. Investments made by investors of each of the Contracting Parties shall not be, directly or indirectly, nationalized, expropriated or subjected to any other measures the effect of which is equivalent to expropriation or nationalization in the territory of the other Contracting Party, except for for public or national interest, against adequate and effective compensation.
For more information, please contact Lawyers in Italy.
Please, see also:
Distribution contract in Italy
Termination clause and essential term in Italy
Termination of the contract for non-performance and the notice to comply
Non-compete clause in the distribution contract in Italy
Special court for foreign companies in Italy
The obligations of the Agent under the Italian Law
English speaking lawyers in Italy
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