Agreement between the Government of the Italian Republic and the Government of the People’s Democratic Republic of Algeria on the Promotion and Protection of Investments (1991)
Signed in Rome on 18 May 1991 and entered into force on 26 November 1993, the agreement aimed to establish a stable and favorable legal framework for mutual investment between the two countries. It provided, among other things, fair and non-discriminatory treatment of investors, protection against unjustified expropriation, free transfer of capital, and access to international dispute resolution mechanisms, including the International Centre for Settlement of Investment Disputes (ICSID). The treaty remained in force until 26 November 2013, when it was terminated by Algeria.
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