Tuesday, August 19, 2008

The two countries have agreed to begin negotiations towards what is known in Canada as a Foreign Investment Promotion and Protection Agreement (Fipa)

Canada is moving to safeguard its business interests in Tanzania, in the face of an outcry over the lopsided contracts dished out in the latter's mining sector.

The two countries have agreed to begin negotiations towards what is known in Canada as a Foreign Investment Promotion and Protection Agreement (Fipa).

The bilateral Fipa aims to provide "greater predictability and certainty" for Canadian investors considering investment opportunities in Tanzania. read more

source:http://allafrica.com/

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