Canada-Zambia Foreign Investment Promotion and Protection Agreement (FIPA) Negotiations
Background
Canada and Zambia have now completed two rounds of negotiations, with the latest round being held from May 17-18, 2012 in Ottawa, Canada. During this last round, considerable progress was made and both parties resolved to continue to work together to address any unresolved issues, in the hope of concluding an agreement in a timely manner.
A bilateral FIPA will provide greater predictability and certainty for Canadian investors considering investment opportunities in Zambia, and will underscore Zambia’s reliability as an investment destination. 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.
Zambia offers significant investment opportunities for Canadian investors in a variety of sectors including mining, telecommunication and infrastructure, among others.
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Contact Point
If you have questions or comments, please contact Foreign Affairs and International Trade Canada at:
Investment Trade Policy Division (TNI)
Foreign Affairs and International Trade Canada
Lester B. Pearson Building
125 Sussex Drive
Ottawa, Ontario K1A 0G2
Fax: 613-944-0679
E-mail: consultations@international.gc.ca
