Bilateral Investment Treaty (BIT)

On July 2, 1997, the United States and Jordan signed a "Treaty Concerning the Encouragement and Reciprocal Protection of Investment." The agreement was ratified by the Jordanian Parliament in 1998 and by the U.S. Senate in 2000.

On May 13, 2003, U.S. Secretary of State Colin L. Powell and Jordanian Foreign Minister Dr. Marwan Muasher exchanged instruments of ratification for a Bilateral Investment Treaty (BIT) between their two countries. The exchange brought the treaty into full force after a period of 30 days.

The Treaty provides Jordanian investors in the United States and U.S. investors in Jordan with the highest standard of international protection for the security of their investments.

In particular, the Treaty affords national treatment to investors in the partner countries, ensuring that U.S. companies in Jordan and Jordanian companies in the United States are treated as favorably as their competitors. It also imposes limits on expropriation and compensation for expropriation, guarantees of free transfer of earnings from investments, and affords investors recourse to internationally accepted dispute settlement mechanisms.


View the full text of the treaty