Agreement between the Government of the People's Republic of China and the Government of the Syrian Arab Republic concerning the Reciprocal Promotion and Protection of InvestmentsAgreement • June 16th, 2024
Contract Type FiledJune 16th, 2024Comment: It stipulates that any investor-state dispute involving the amount of compensation may be submitted to ad hoc arbitral tribunal if they cannot be settled through negotiation within a year. With regard to the standards of treatment, apart from fair and equitable treatment, for China it stipulates that investment shall be accorded most favoured nation treatment, whilst for Syria it requires that investment shall be accorded national treatment, which is different from the second Model BIT.