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The Canada-China Promotion and Reciprocal Protection of Investments Agreement or Canada China FIPA is a bilateral investment treaty between Canada and China which came into force on 1 October 2014. [1] [2] The Foreign Investment Protection Agreement (FIPA) or Foreign Investment Protection and Promotion Agreement (FIPPA) are Canadian names for BITs.
Canada currently has a Foreign Investment Promotion and Protection Agreement (FIPA) agreement with China that legislates the investment between Canada and China. A FIPA is not a free trade agreement but rather a bilateral agreement intended to "protect and promote" foreign investment through legally-binding rights and obligations. [3]
The following is a list of FIPA negotiations concluded, and are not in force. First is the country, then the date it was concluded. [8] Canada–Albania (November 2013) Canada–Bahrain (February 2010) Canada–Madagascar (August 2008) Canada–United Arab Emirates (May 2018) Canada–Zambia (March 2013)
China: 29 June 2003 29 June 2003 Closer Economic Partnership Agreement [2] New Zealand: 29 March 2010 1 January 2011 Free Trade Agreement [21] EFTA Iceland Liechtenstein Norway Switzerland: 21 June 2011 1 October 2012 Free Trade Agreement [22] Chile: 7 September 2012 9 October 2014 Free Trade Agreement [23] Macau: 27 October 2017 27 October 2017
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Van Harten is a critic of the Canada-China Foreign Investment Promotion and Protection Agreement. [2] Learned texts. Investment Treaty Arbitration and Public Law. OUP ...
Plett serves as co-chair of the Canada-China Legislative Association [7] a non-partisan forum established in 1998 for the discussion of bilateral and multilateral issues concerning Canada and the People's Republic of China. [8] On 1 October 2014 the Canada-China Foreign Investment Promotion and Protection Agreement (FIPA) came into force.
Wang Chen, vice chairman of the NPC Standing Committee, said the Law shows China's will and determination to follow through with reform and opening up in a new historical context, and that "it is a full testament to China's determination and confidence in opening wider to the outside world and promoting foreign investment in the new era." [2]