Bilateral Investment Treaty


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Bilateral Investment Treaty

An agreement between two countries establishing the rules under which individuals and companies in one country may provide foreign direct investment in the other. The rules work both ways unless the treaty states otherwise; that is, if the treaty sets a limit on foreign direct investment by a company, this applies to companies in both countries. Most bilateral investment treaties require arbitration (instead of lawsuits) for the resolution of disputes.
References in periodicals archive ?
India Bilateral Investment Treaty is truly the 'next hill to climb' in the strategic partnership," says USIBC President Ron Somers.
The Cabinethas approved the revised model text for the Indian Bilateral Investment Treaty (BIT), which will replace the existing Indian Model BIT, a move which is expected to provide protection to both Indian and foreign investors.
The judgement has been hailed by Oman's Ministry of Commerce and Industry as "solid evidence" of the country's commitment to its Bilateral Investment Treaty obligations under the Oman-US FTA.
He will also discuss endorsement of a bilateral investment treaty with Iran in a bid to tap into the commercial potential of the Iranian market for Japanese firms.
ISLAMABAD -- Finance Minister, Senator Ishaq Dar on Saturday chaired a briefing session on Bilateral Investment Treaty (BIT) Regime of Pakistan.
He, meanwhile, clarified that Pakistan and India are not signing any bilateral investment treaty as of now, as their first priority is to compete in exports.
The South African government at the time also observed it would not renew its Bilateral Investment Treaty (BIT) with 12 other EU member states.
Mauritius serves as a base for trade and investment in Asia and the fast-growing markets of Africa, Maitland said, commending the island nationa[euro](tm)s favourable tax regime and international double tax and bilateral investment treaty network.
The notice served by Dutch subsidiary Vodafone International Holdings BV is the first step required before the launch of international arbitration under the Bilateral Investment Treaty between India and the Netherlands.
Damac's Chairman, Hussain Sajwani, has brought the ICSID claim against Egypt under the bilateral investment treaty between the UAE and Egypt, which protects investments made by UAE nationals in Egypt.
Damac Properties alleged that Egypt is responsible for a series of blatant violations of the 1997 bilateral investment treaty between the UAE and Egypt.

Full browser ?