Bilateral Investment Promotion and Protection Agreements (BIPAs) are agreements between the governments of two countries on the appropriate promotion and protection of investment in the other country`s territories by individuals and companies based in both states. This ensures the security of cross-border capital flows between countries. protection of foreign investment in countries where investor rights are not yet protected by existing agreements (for example. B modern friendship, trade and navigation agreements or free trade agreements); BIPas are now essential to provide both security and mutual trust to domestic investors. Although GDP is signed by governments, the beneficiaries are businesses. Investment protection is given to investments made by companies in other countries. 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: UNCTAD, Mapping of IIA Content, available to investmentpolicy.unctad.org/international-investment-agreements/iia-mapping More information: Mapping Project Description – Methodology document Key concepts – The mapping structure, displayed in the “Select mapping treaty elements” tab, is a “table of content” that includes all the treaty mapping elements. It corresponds to the typical structure of an AI. – The elements of the illustrated contract are elements of an investment contract mapped as part of the IIA mapping project.
The number of contract elements represented exceeds 100. Each associated item has a set of pre-defined assignment options from which you can choose. – Mapping options indicate the approach of the contract for the corresponding element of the contract. Mapping options may be “yes/no” or specify the approach to the contract (for example. B the type of fair and equitable treatment clause (FET) – qualified/unqualified/unqualified/none, etc.). Each element of the contract includes the “Inconclusive” and “Not applicable” options. From India`s perspective, bilateral investment agreements not only promote capital flows to India, but also provide a safe trading environment for Indian investors abroad. In order to avoid such situations and to guarantee the security of foreign investment by domestic companies, a government may enter into a bilateral agreement with a foreign government. These bilateral agreements are called bilateral investment agreements (ILOs) or bilateral investment promotion and protection agreements (BEIS). Foreign investment in India did not increase until after economic reforms began in 1991. As part of the economic reform programme, the Indian government`s investment policy has been liberalized. The volume of foreign investment, particularly foreign direct investment, began to improve in the mid-1990s.
During the reforms, negotiations were initiated with a number of countries for a bilateral investment promotion and protection agreement (BIPA) to promote and protect investor investment on a reciprocal basis.