Common Contracts

Contract

Investment Agreement • December 5th, 2003

• Contract Type
  Investment Agreement
• Filed
  December 5th, 2003

AGREEMENT BETWEEN THE GOVERNMENT OF THE HASHEMITE KINGDOM OF JORDAN ANDTHE GOVERNMENT OF THE‌PEOPLE’S DEMOCRATIC REPUBLIC OF ALGERIAON THE RECIPROCAL ENCOURAGEMENT AND PROTECTION OF INVESTMENTS The Government of the Hashemite Kingdom of Jordan and the Government of the People’s Democratic Republic of Algeria, hereinafter referred to as the Contracting Parties, - - Being desirous to reinforce the economic cooperation between the two states and create appropriate conditions for developing the movement of investments between Jordan and Algeria, and - - Being convinced that the encouragement and protection of such investments will participate in motivating the procedures for liberation of capitals and the flow of investments and technology between both countries, in favour of the economic development and property of both of them, have agreed as follows : Article One DEFINITIONS 1- For the purpose of implementation of this Agreement :The term “ investment” refers to funds, such as the va