Common use of Investment Promotion Clause in Contracts

Investment Promotion. The ACP States, the Community and its Member States, within the scope of their respective competencies, recognising the importance of private investment in the promotion of their development cooperation and acknowledging the need to take steps to promote such investment, shall: a) implement measures to encourage participation in their development efforts by private investors who comply with the objectives and priorities of ACP-EC development cooperation and with the appropriate laws and regulations of their respective States; b) take measures and actions which help to create and maintain a predictable and secure investment climate as well as enter into negotiations on agreements which will improve such climate; c) encourage the EU private sector to invest and to provide specific assistance to its counterparts in the ACP countries under mutual business cooperation and partnerships; d) facilitate partnerships and joint ventures by encouraging co financing; e) sponsor sectoral investment fora to promote partnerships and external investment; f) support efforts of the ACP States to attract financing, with particular emphasis on private financing, for infrastructure investments and revenue generating infrastructure critical for the private sector; g) support capacity building for domestic investment promotion agencies and institutions involved in promoting and facilitating foreign investment; h) disseminate information on investment opportunities and business operating conditions in the ACP States; and i) promote national, regional and ACPEU private sector business dialogue, cooperation and partnerships, in particular through an ACP-EU private sector business forum. Support for operations of an ACP-EU private sector business forum shall be provided in pursuit of the following objectives: i) to facilitate dialogue within the ACP/ EU private sector and between the ACP/EU private sector and the bodies established under the Agreement; ii) to analyse and periodically provide the relevant bodies with information on the whole range of issues concerning relations between the ACP and EU private sectors in the context of the Agreement or, more generally, of economic relations between the Community and the ACP countries; and iii) to analyse and provide the relevant bodies with information on specific problems of a sectoral nature relating to, inter alia, branches of production or types of products at regional or sub-regional level.

Investment Promotion. The ACP States, the Community and its Member States, within the scope of their respective competencies, recognising the importance of private investment in the promotion of their development cooperation and acknowledging the need to take steps to promote such investment, shall: (a) implement measures to encourage participation in their development efforts by private investors who comply with the objectives and priorities of ACP-EC development cooperation and with the appropriate laws and regulations of their respective States; (b) take measures and actions which help to create and maintain a predictable and secure investment climate as well as enter into negotiations on agreements which will improve such climate; (c) encourage the EU private sector to invest and to provide specific assistance to its counterparts in the ACP countries under mutual business cooperation and partnerships; (d) facilitate partnerships and joint ventures by encouraging co co-financing; (e) sponsor sectoral investment fora to promote partnerships and external investment; (f) support efforts of the ACP States to attract financing, with particular emphasis on private financing, for infrastructure investments and revenue generating infrastructure critical for the private sector; (g) support capacity building for domestic investment promotion agencies and institutions involved in promoting and facilitating foreign investment; (h) disseminate information on investment opportunities and business operating conditions in the ACP States; and (i) promote national, regional and ACPEU ACP-EU private sector business dialogue, cooperation and partnerships, in particular through an ACP-EU private sector business forum. Support for operations of an ACP-EU private sector business forum shall be provided in pursuit of the following objectives: (i) to facilitate dialogue within the ACP/ ACP/EU private sector and between the ACP/EU private sector and the bodies established under the Agreement; (ii) to analyse and periodically provide the relevant bodies with information on the whole range of issues concerning relations between the ACP and EU private sectors in the context of the Agreement or, more generally, of economic relations between the Community and the ACP countries; and (iii) to analyse and provide the relevant bodies with information on specific problems of a sectoral nature relating to, inter alia, branches of production or types of products at regional or sub-regional level.

Investment Promotion. The ACP States, the Community and its Member States, within the scope thescope of their respective competencies, recognising the importance of importanceof private investment in the promotion of their development cooperation developmentcooperation and acknowledging the need to take steps to promote such investmentsuchinvestment, shall: (a) implement measures to encourage participation in their development theirdevelopment efforts by private investors who comply with the objectives theobjectives and priorities of ACP-EC development cooperation and with the withthe appropriate laws and regulations of their respective States; (b) take measures and actions which help to create and maintain a predictable apredictable and secure investment climate as well as enter into negotiations intonegotiations on agreements which will improve such climate; (c) encourage the EU private sector to invest and to provide specific providespecific assistance to its counterparts in the ACP countries under mutual undermutual business cooperation and partnerships; (d) facilitate partnerships and joint ventures by encouraging co encouragingco-financing; (e) sponsor sectoral investment fora to promote partnerships and external andexternal investment; (f) support efforts of the ACP States to attract financing, with particular withparticular emphasis on private financing, for infrastructure investments infrastructureinvestments and revenue generating infrastructure critical for the private theprivate sector; (g) support capacity building for domestic investment promotion agencies promotionagencies and institutions involved in promoting and facilitating foreign facilitatingforeign investment; (h) disseminate information on investment opportunities and business operating businessoperating conditions in the ACP States; and (i) promote national, regional and ACPEU ACP-EU private sector business dialoguebusinessdialogue, cooperation and partnerships, in particular through an ACP-EU private sector business forum. Support for operations of an ACP-EU private sector business forum shall be provided in pursuit of the ofthe following objectives: (i) to facilitate dialogue within the ACP/ ACP/EU private sector and between andbetween the ACP/EU private sector and the bodies established under the underthe Agreement; (ii) to analyse and periodically provide the relevant bodies with information withinformation on the whole range of issues concerning relations between relationsbetween the ACP and EU private sectors in the context of the Agreement or, more generally, of economic relations between the Community and the ACP countries; and (iii) to analyse and provide the relevant bodies with information on specific onspecific problems of a sectoral nature relating to, inter alia, ,branches of production or types of products at regional or suborsub-regional level.

Investment Promotion. The ACP States, the Community and its Member States, within the scope of their respective competencies, recognising the importance of private investment in the promotion of their development cooperation and acknowledging the need to take steps to promote such investment, shall: (a) implement measures to encourage participation in their development efforts by private investors who comply with the objectives and priorities of ACP-EC development cooperation and with the appropriate laws and regulations of their respective States; (b) take measures and actions which help to create and maintain a predictable and secure investment climate as well as enter into negotiations on agreements which will improve such climate; (c) encourage the EU private sector to invest and to provide specific assistance to its counterparts in the ACP countries under mutual business cooperation and partnerships; (d) facilitate partnerships and joint ventures by encouraging co co- financing; (e) sponsor sectoral investment fora to promote partnerships and external investment; (f) support efforts of the ACP States to attract financing, with particular emphasis on private financing, for infrastructure investments and revenue generating infrastructure critical for the private sector; (g) support capacity building for domestic investment promotion agencies and institutions involved in promoting and facilitating foreign investment; (h) disseminate information on investment opportunities and business operating conditions in the ACP States; and (i) promote national, regional and ACPEU ACP-EU private sector business dialogue, cooperation and partnerships, in particular through an ACP-EU private sector business forum. Support for operations of an ACP-EU private sector business forum shall be provided in pursuit of the following objectives: (i) to facilitate dialogue within the ACP/ ACP/EU private sector and between the ACP/EU private sector and the bodies established under the Agreement; (ii) to analyse and periodically provide the relevant bodies with information on the whole range of issues concerning relations between the ACP and EU private sectors in the context of the Agreement or, more generally, of economic relations between the Community and the ACP countries; and (iii) to analyse and provide the relevant bodies with information on specific problems of a sectoral nature relating to, inter alia, branches of production or types of products at regional or sub-regional level.