Article 147: Promotion of Investment

 

COFAP  shall  promote  investment  in  disadvantaged  countries  by,  inter  alia, facilitating:

(a) the establishment of joint ventures among nationals of disadvantaged countries as well as between nationals of disadvantaged countries and nationals of other Member States;

(b) the establishment of joint ventures between nationals of disadvantaged countries and nationals of third countries;

(c) investment for  economic diversification including diversification of  the agricultural sector;

(d) research, development and the transfer of technology in the development of disadvantaged countries; and

(e) capital flows from other Member States to disadvantaged countries through the  conclusion of  double taxation agreements and appropriate policy instruments.