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OECD Investment Policy Reviews: Croatia 2019

image of OECD Investment Policy Reviews: Croatia 2019

This review was prepared in response to Croatia's 2015 request to adhere to the Declaration on International Investment and Multinational Enterprises. It assesses the climate for domestic and foreign investment in Croatia, its ability to comply with the principles of openness, transparency and non-discrimination and its policy convergence with the OECD Declaration, including responsible business conduct practices, and discusses the challenges and opportunities faced by the government of Croatia in its reform efforts. Capitalising on the OECD Policy Framework for Investment, this review includes chapters on foreign investment trends and performance, foreign investor entry and operations, the legal and institutional framework for investment protection, investment promotion and facilitation, public governance, and policies to promote and enable responsible business conduct.

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The protection of investment in Croatia

This chapter reviews the provisions in both domestic legislation and Croatia’s international investment agreements offering protections for investors. It looks at the domestic framework, particularly the rules for expropriation and the protection of intellectual property rights, and discusses the legal and institutional framework for contract enforcement and dispute resolution, with particular attention given to the judiciary and alternative dispute resolution mechanisms. It also reviews Croatia’s international investment treaty practice and its legal framework for investor-state dispute settlement.

English

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