Bilateral Investment Promotion and Protection Agreement (BIPPA)

A Bilateral Investment Promotion and Protection Agreement (BIPPA) is a formal treaty between two countries that encourages and safeguards investments made by citizens or businesses of either country. It aims to create a secure environment for investors by providing protections against unfair treatment, expropriation, or discriminatory practices. BIPPA also establishes mechanisms for resolving disputes, ensuring that investments are protected and investments can be confidently made across borders. Overall, it promotes economic cooperation and investment flows by building trust and legal certainty between the two nations.