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Assets of Tunisia

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  The guaranty agreement
 
 

Tunisia is signatory of the New York Convention on the recognition and enforcement of foreign arbitrage decisions.

On the bilateral level, Tunisia is signatory of the protection of investments conventions, in particular with the following countries :

Germany, Algeria, Argentina, Austria, Belgium, Denmark, Spain, the United States, France, Great Britain, Indonesia, Italy, Luxembourg, Morocco, Pakistan, Netherlands, Poland, Portugal, Czech Republic, Romania, Senegal, Sweden, Switzerland, Turkey.

The agreements of investment reciprocal protection and encouragement imply the implementation of the following principles :

• Granting the investors of each of the two countries a fair treatment, not less favorable than that of the local investors or investors of the most privileged nation
• Very strict limitation of the possibilities of expropriation of investment
• The option of resorting to international arbitration

 

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Phone: (+216) 71 798 100 - Fax: (+216) 71 787 820
e-mail : j.bouraoui@jbcoonline.com.tn