Wednesday, 24 January 2018 01:23 GMT

UAE, Netherlands Sign An investment Protection Agreement

(MENAFN - Qatar News Agency) UAE and the Netherlands on Tuesday signed an investment protection and encouragement agreement . The agreement was signed by the Minister of State for Financial Affairs, Obaid Humaid Al Tayer and the Dutch Minister of Economic Affairs, Henk Kamp The agreement includes a set of provisions to create a suitable atmosphere for the investment projects in the two countries and protect it from various non-commercial and political risks such as nationalization , confiscation and directly and indirectly seizure The treaty stressed importance that the both parties shall respect their obligations towards the investor and the free convertibility of profits , interest and proceeds from investments via the currency convertible immediately without delay , including revenues and profits of national air carriers

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