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Bahraini-Swiss Pact Boosts Investor Arbitration
The Kingdom of Bahrain has approved a draft law to sign an agreement with Switzerland aimed at encouraging and protecting mutual investments between the two countries. The agreement includes mechanisms for resolving disputes through international arbitration, provisions for expropriation measures, guarantees for the free transfer of profits, and fair protection for investments such as real estate, shares, and intellectual property rights. The agreement will initially be effective for a period of 10 years and emphasizes the fair treatment of investors from both parties, with the option to resort to international arbitration if a amicable resolution cannot be reached within 12 months. The agreement seeks to enhance the investment environment and resolve disputes in a legal and transparent manner. It will enter into force once the necessary legal procedures are completed.
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