Canada-Senegal Foreign Investment Promotion and Protection Agreement (FIPA) Negotiations

Background

Canada and Senegal held a first round of Foreign Investment Promotion and Protection Agreement (FIPA) negotiations in July 2012. Prime Minister Harper announced the conclusion of negotiations in October 2012. The Agreement was signed by Canada’s Minister of International Development, Christian Paradis and the Senegalese Minister of Foreign Affairs, Mankeur Ndiaye, on November 27, 2014 in Dakar, Senegal.

A bilateral FIPA will provide greater predictability and certainty for Canadian investors considering investment opportunities in Senegal. Canada’s objective in entering these negotiations is to secure a comprehensive, high-quality agreement which will protect investors through the establishment of a framework of legally binding rights and obligations.

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Contact Point

If you have questions or comments, please contact Foreign Affairs, Trade and Development Canada at:

Investment Trade Policy Division (TNI)
Foreign Affairs, Trade and Development Canada
Lester B. Pearson Building
125 Sussex Drive
Ottawa, Ontario K1A 0G2
Fax: 613-944-0679
E-mail: consultations@international.gc.ca