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PART SIX
Investment Guarantees and Protections

21. Investment Guarantees and Protections

1) No investment may be expropriated or nationalized except when required by the public interest and then, only in compliance with the requirements of the law.

2) Adequate compensation, corresponding to the prevailing market value, shall be paid in advance in case of expropriation or nationalization of an investment for public interest.

3) Any foreign investor may remit compensation paid to him, pursuant to this Article, out of Ethiopia in convertible foreign currency.