# Cameroun
# USA - Cameroon treaty concerning the reciprocal encouragement and protection of investment
Treaty signed February 26, 1986 - Entered into Force April 6, 1989
The United States of America and the Republic of Cameroon (each hereinafter referred to as a "Party"),
Desiring to promote greater mutual economic cooperation between them, particularly with respect to investments by nationals and companies of one Party in the territory of the other Party ; and
Recognizing that agreement upon the treatment to be accorded such investments will stimulate the flow of private capital and the economic development of both Parties,
Aware that fair and equitable treatment would contribute to maintaining a stable framework for investment in order to facilitate the maximum effective utilization of economic resources,
Have resolved to conclude a treaty concerning the encouragement and reciprocal protection of investments, and
Have agreed as follows :
Art.1.- Definitions
- For the purpose of this Treaty,
a) "Company of a Party means any kind of juridical entity including any corporation, company, association, or other organization, legally constituted under the laws and regulations of a Party or a political subdivision thereof whether or not organized for pecuniary gain, or privately or governmentally owned ;
b) "Investment" means every kind of asset in the territory of either Party, owned or controlled directly or indirectly by nationals or companies of either party, including equity, debt, service and investment contracts ; and includes :
\- i) tangible and intangible property, including rights, such as mortgages, liens and pledges ;
\- ii) all or part of the shares of stock or other interests in a company or interests in the assets thereof ;
\- iii) a claim to money or a claim to performance having economic value, and associated with an investment ;
\- iv) intellectual and industrial property rights, including rights with respect to copyrights, patents, trademarks, trade names, industrial designs, trade secrets and know-how, and goodwill ; and
\- v) any right conferred by law or contract and all permits and licenses such as those required for the exploitation of natural resources ;
c) "Return" means any amount derived directly or indirectly from an investment, including profits ; dividends ; interest ; capital gains ; royalty payment ; management, technical assistance or other fee ; and payments in kind ; d) "National" of a Party means a natural person who is a national of a Party under its laws and regulations ; e) "Own or control" means ownership or control that is direct or indirect, including ownership or control exercised through subsidiaries of, affiliates, wherever located ; f) "Territory" means all the territory of country recognized by international law.
- Any assets or returns invested or reinvested are also considered as investment.