The Government of the Kingdom of the Netherlands
The Government of the Republic of Ghana,
hereinafter referred to as the Contracting Parties,
Desiring to strengthen the traditional ties of friendship between their countries, to extend and intensify the economic relations between them particularly with respect to investments by the nationals of one Contracting Party in the territory of the other Contracting Party,
Recognizing that agreement upon the treatment to be accorded to such investments will stimulate the flow of capital and technology and the economic development of the Contracting Parties and that fair and equitable treatment of investment is desirable,
Have agreed as follows:
The national affected shall have a right, under the law of the Contracting Party making the expropriation, to prompt determination of the amount of compensation either by law or by agreement between the parties and to prompt review, by a judicial or other independent authority of that Party, of his case and of the valuation of his investment in accordance with the principles set out in paragraph (1) of this Article, without prejudice to the procedure contained in Article 9 of this Agreement.
Agreement on Encouragement and Reciprocal Protection of Investments between the Kingdom of the Netherlands and the Republic of Ghana
Article 1. Definitions
Article 2. Promotion of Investments
Article 3. Protection of Investments
Article 4. Taxation
Article 5. Repatriation of Investments and Returns
Article 6. Expropriation
Article 7. Compensation for Losses
Article 8. Subrogation
Article 9. Settlement of Disputes between an Investor and a Host State
Article 10. Applicability
Article 11. Territorial Extensions
Article 12. Consultation
Article 13. Settlement of Disputes between the Contracting Parties
Article 14. Duration and Termination
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