HK-Türkiye investment pact takes effect Feb 4 to shield capital
Pact guarantees fair treatment and compensation for asset seizure
An investment protection agreement between Hong Kong and Türkiye will take effect on 4 February 2026, according to the Hong Kong Trade and Industry Department.
The Investment Promotion & Protection Agreement (IPPA) provides legal safeguards for investors from both sides, including fair and equitable treatment, compensation in cases of expropriation, and the ability to transfer capital and returns overseas under international standards, according to news.gov.hk.
It also provides rules for settlement of investment disputes, including arbitration.
The agreement aims to strengthen investor confidence and increase bilateral investment flows, said Algernon Yau, commerce and economic development secretary.
Hong Kong has 24 investment protection agreements covering 33 economies and is seeking more partners, including under the Belt and Road framework.