Investment Guarantees in Eritrea

Investment Guarantees in Eritrea

In accordance with Investment Proclamation NO 59/1994, the Government of Eritrea guarantees that investment or property on investment will not be nationalized or confiscated

It further guarantees that investment will not be attached, seized, frozen, expropriated or put under Government custody without due process of law

Eritrea is a signatory of the International Convention for Settlement of Investment Disputes and the World Bank’s Multilateral Investment Guarantee Agency

Eritrea has also begun the process of concluding bilateral agreements for the promotion of investments with several countries

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