Bilateral Treaties Offer Legal Protection to Japanese and Korean Investors in Oman
What happened
Bilateral investment treaties are agreements between two governments designed to treat each other's investors fairly. These treaties ensure that investors cannot have their assets seized without full payment, guarantee the free movement of profits and capital, and allow investors to pursue neutral international arbitration if a serious dispute arises. This protection is relevant as investment projects are being decided in locations such as Manchester.
From omanobserver.om
Why it matters
Capital tends to be cautious and will only stay where it is sure it can leave, making these treaties vital for attracting investment. Oman has signed forty such treaties since 1979, including partnerships with Korea and Japan.
From omanobserver.om
Who's involved
- OmanSovereign state that has signed multiple investment treaties.
- KoreaNation whose investors benefit from treaty protections.
- JapanNation whose investors benefit from treaty protections.
- ManchesterLocation where investment project decisions are being made.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- KoreaSpeculative
Korean investors might see increased confidence and security for their investment in Oman.