Cyprus Bilateral Agreements

A bilateral investment agreement (BIT) is an agreement between two countries on the promotion and protection of investments made by investors of the countries concerned in the territory of the other country. The vast majority of AIIs are BITs. The category of contracts with investment rules (TIPs) includes different types of investment agreements that are not NTBs. Three main types of NTPs can be distinguished: 1. global economic contracts, which contain obligations usually found in THE ILO (e.g. B a free trade agreement with an investment chapter); (2) contracts with limited investment provisions (e.g. B only those relating to the creation of investments or the free transfer of investment funds); and (3) contracts that contain only “framework clauses”, such as.B.