Ley 279 de 1996 | Ley 279 de 1996 — Colombia law | Esheria

Ley 279 de 1996

This provision states that Colombia’s Congress approves the Colombia–Peru investment protection agreement.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 279 de 1996
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
arbitration procedure asset expropriation capital repatriation compensation contract disputes cross-border investment cross-border investment disputes customs definitions duration entry into force fair and equitable treatment foreign investment foreign investment protection foreign investment treatment free trade garantías international arbitration investment protection investments loss compensation market access more favorable treatment non-discrimination +10 more

Statute overview

About this statute

This provision states that Colombia’s Congress approves the Colombia–Peru investment protection agreement. This article defines key terms used in the Convention, including investment, gains, companies, nationals, and territory. Each Contracting Party must promote investments from nationals or companies of the other Contracting Party in its territory and admit those investments in accordance with its laws and regulations. Las Partes Contratantes deben evitar medidas arbitrarias o discriminatorias sobre inversiones y cumplir los compromisos que hayan asumido sobre esas inversiones. The contracting parties must give investments, gains, and related investment activities of the other party’s nationals or companies treatment no less favorable than they give their own or any third state’s.

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