Singapore-Jordon Bilateral Investment Treaty (BIT)  
     
 

The BIT prescribes the general disciplines governing the investment regime in Jordan and Singapore for investors from both countries, and focuses on two key elements, comprising provisions on:
(i) investment promotion and
(ii) investment protection.

The key features highlighted as follows:

Broad Range of Investment Instruments: The BIT covers a broad range of investment instruments, including both traditional investment instruments, such as stocks and equities, as well as intellectual property rights, debt instruments and rights conferred by licenses and permits. Investments in the nature of both Foreign Direct Investment (FDI) and portfolio investments are covered.

Expropriation and Compensation: Both countries cannot unduly expropriate investments unless the expropriation is premised on public purposes as defined in the BIT. In the event that such expropriation occurs, the governments are required to afford compensation for the expropriated investment. Land expropriation will be governed by the domestic legislation of each country.

Free Transfers: Both countries will allow the investors to freely repatriate and transfer funds related to their investments (such as capital, profits, dividends and royalties) into and out of the host country.