Bilateral Investment Promotion and Protection Agreements (BIPPAs)

Bilateral Investment Promotion and Protection Agreements (BIPPAs) are official agreements between two countries that promote and safeguard investments made by each other's citizens or companies. They establish legal protections—such as fair treatment and dispute resolution—encouraging investors to invest with confidence. Essentially, BIPPAs aim to create a stable and secure environment for cross-border investments, reducing risks related to political changes or unfair treatment, thereby fostering economic cooperation and development between the countries involved.