OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 5 Year No. 44 ADDIS ABABA 4th March , 1999 CONTENTS Proclamation No. 163/1999 The Investments Promotion and Reciprocal Protection Agreement with the Government of the Peoples ' Republic of China Ratification Proclamation No. 163/1999 .... Page 1010 PROCLAMATION NO . 163/1999 A PROCLAMATION TO RATIFY THE INVESTMENTS PROMOTION AND RECIPROCAL PROTECTION AGREEMENT WITH THE GOVERNMENT OF THE PEOPLES ' REPUBLIC OF CHINA WHEREAS , an Agreement between the Government of the Peoples ' Republic of China and the Government of the Federal Democratic Republic of Ethiopia on the promotion and Reciprocal protection of Investments was signed in Beijing in May , 1998 ; WHEREAS , it is stipulated in the Agreement that the Agreement shall enter into force on the first day of the following month after the date on which both contracting parties have notified each other in writing that their respective internal legal procedures have been fulfilled ; WHEREAS , the House of Peoples ' Representatives of the Federal Democratic Republic of Ethiopia has ratified said Agreement at its session held on the 4th day of March , 1999 ; NOW , THEREFORE , in accordance with Article 55 sub Articles ( 1 ) and ( 12 ) of the Constitution , it is hereby proclaimed as follows : 1. Short Title This Proclamation may be cited as the " Investments promotion and Reciprocal Protection Agreement with the Government of the Peoples ' Republic of China Ratification proclamation No. 163/1999 . ” Unit Price The African Law Archive 4 March , 1999Page 1011 2. Ratification of the Agreement The Agreement on Promotion and Reciprocal Protection of Investments , signed in Beijing in May , 1998 between the Federal Democratic Republic of Ethiopia and the Government of the Peoples ' Republic of China , is ratified . Power of the Ethiopian Investment Authority The Ethiopian Investment Authority is hereby empowered to implement the Agreement . 4. Effective Date This Proclamation shall enter into force as of the 4th day of March , 1999 . Done at Addis Ababa , this 4ch day of March , 1999 . PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA The African Law Archive