An investment agreement is one of the two legal instruments designed to grant tax, customs, payments and other exemptions and waivers additionally to those existing under general legal framework. Please, note that ideally additional guarantees and remedies, exemptions and waivers are granted to foreign investors in case of investing into “(a) prioritized sectors ensuring sustainable economic growth, progressive structural changes in the country’s economy, (b) prioritized projects ensuring strengthening and extending of the production and export potential of the republic, its integration into global connections, (c) the projects in the sphere of small entrepreneurship, whose implementation is directed at processing of raw materials, production of consumer goods and services, provision of employment for population.” This list seems to be exhausting and does not contain any indication that other projects are qualified for the status of investment agreement.
Home