IPA between Albania and United Arab Emirates enters into force, Drilona Likaj, 18 July 2017
IPA between Albania and United Arab Emirates enters into force, Drilona Likaj / Eurofast Global, United Arab Emirates July 18 2017 During the visit to Albania of the United Arab Emirates Minister of Energy In October 2015, the two countries signed an Investment Protection Agreement. This Agreement was published in the Albanian Official Gazette in December 2015. Article 20 of the agreement provided that the entry in force of the agreement would depend on the domestic constitutional provisions of each signatory party. Following necessary internal procedures, the agreement has entered into force on the 17th of February 2017 and will be valid for a period of ten years. After 10 years, the agreement will continue its effects only if none of the parties request a termination in writing. The main…