BusinessGrenada.com Issue: 5 2010 - 2011 | Page 25

Treaties now benefit from improved ‘rules of origin’ that will support the development of industries that import materials to make goods for onward export to Europe. This is important for industries such as processed food or fisheries that might import raw materials from outside the Caribbean.    Bilateral Agreements Bilateral Investment Agreements established between Grenada and the following countries are designed to encourage and protect international investments and to ensure that investors receive fair, equitable, and nondiscriminatory treatment Investment Protection and Promotion Agreement with the United Kingdom The agreement encourages British investor confidence by setting high standards of investor protection applicable in international law. Key elements include provisions for equal and non-discrimin