Syria has joined the Convention on the Settlement of Investment Disputes between States and Nationals of Other States {ICSID Convention} that shall enter into force as of 24/2/2006.
This is another step in a series of steps the Syrian government is doing to promote investment into the country. Where Syria has also joined in 2002 the Multilateral Investment Guarantee Agency (MIGA). Therefore, foreign investors willing to invest in Syria are now eligible to receive MIGA's guarantee coverage, and protect investments against several risks such as transfer restriction, expropriation, breach of contract, and war.
Arbitration & Litigation
