OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 3rd Year No . 33 ADDIS ABABA - 8th April , 1997 CONTENTS Proclamation No . 70 / 1997 The Investment Promotion and Protection Agreement with the State of Kuwait Ratification procla mation . . . . . . . Page 510 PROCLAMATION NO . 70 / 1997 A PROCLAMATION TO RATIFY THE INVESTMENT PROMOTION AND PROTECTION AGREEMENT WITH THE STATE OF KUWAIT WHEREAS , an Agreement vetween the Government WHEREAS , it is stipulated in the Agreement that the Agreement shall formally come into force after the exchange WHEREAS , the House of Peoples ' Representatives of NOW , THEREFORE , in accordance with Article 55 proclaimed as follows : 1 . Short Title This Proclamation may be cited as the “ State of Kuwait Agreement on Investment Promotion and Protection Ratification Proclamation No . 70 / 1997 . ” » . Unit Price www . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com 2 . 3 . Ratification of the Agreement The Agreement on the Promotion and Protection of investments signed in Kuwait City on the 14h day of September , 1996 between the state of Kuwait and the Federal Democratic Republic of Ethiopia is ratified . Power of the Ethiopian Investment Authority The Ethiopian Investment Authority is hereby em powered to implement the Agreement . Effective Date This Proclamation shall enter into force as of the 8th day of April . 1997 . Done at Addis Ababa , this 8th day of April , 1997 PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA WWW . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com