Page 67 - Mission Brief Qatar 2019 v2
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B.  INVESTMENT GUARANTEE AGREEMENT

               BACKGROUND

            1.  The  Malaysia-Qatar  IGA  negotiation  process  started  in
               2010 when BDPFP submitted a MJM to Cabinet to seek
               mandate on:

                  i.  Proposal to revise/improve the current IGA template
                     following  the    dynamic  nature  of  investment  and
                     Malaysia’s commitments in various FTAs; and

                 ii.  Malaysia to initiate IGA negotiation with 38 countries.

            2.  The  chronology  of  IGA  negotiation  with  Qatar  is  as
               follows:

                i.      Malaysia’s new IGA model text was sent to Qatar
                        in July 2010;
                             st
                ii.     the  1   round  of  IGA  negotiation  with  Qatar  was
                        held in Kuala Lumpur in May 2012;
                             nd
                iii.    the  2   round  was  held  in  Kuala  Lumpur  in  April
                        2014; and
                iv.     progress  was  minimal  as  both  sides  shared
                        different  understanding  on  number  of  the
                        provisions.  Qatar  disagrees  on  Malaysia’s
                        requirements, as follows:
                        -  carve-out    from    scope     for   Government
                          Procurement (GP) and subsidies;
                        -  National Treatment (NT);
                        -  Most Favoured Nation (MFN);
                        -  Transfer; and
                        -  Minimum Standard of Treatment.
                                                                    nd
                        -  status  on  provisions  during  the  2   round
                          negotiation:

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