On 18 October 2023, the agreement of 3 March 1998 between Latvia and Belarus on the promotion and protection of investments will expire. The denunciation of the agreement substantially changes how the investments of nationals of one state will be protected in the territory of the other.
This article is recommended for Belarusian entrepreneurs who have previously invested in a Latvian business, founded companies in Latvia or cooperated with partners from Latvia; and for Latvian entrepreneurs who have done likewise in Belarus. This article will explain how to interpret the current situation and what protections will remain, particularly in the event of a dispute.
You can find full report HERE.