For further guidance on this model treaty, please refer to PN: Bilateral Investment Treaties in the GCC.

The Government of insert GCC State and the Government of insert country (hereinafter the “Parties”);

DESIRING to promote greater economic cooperation between them with respect to investment by nationals and enterprises of one Party in the territory of the other Party;

RECOGNISING that agreement on the treatment to be accorded such investment will stimulate the flow of private capital and the economic development of the Parties;

AGREEING that a stable framework for investment will maximize effective utilization of economic resources and improve living standards;

RECOGNISING that the provisions of this Treaty protect investments and investors with respect to their investments, and are intended to stimulate mutually-beneficial business activity, without undermining the right of the Parties to regulate within their territories and the Parties’ flexibility to achieve legitimate policy objectives;