Bilateral Investment Treaty

(redirected from Bilateral investment treaties)

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 ?
The Supreme Court's attempts to support its decision by referring to ICSID decisions on corruption in other bilateral investment treaties was always very unlikely to be accepted.
UAE-led FDI rose a substantial 161 percent from 2015, when it pumped $4.2bn of capex into African projects, the report mentioned, quoting a study by the UN Economic Commission for Africa, titled "Investment Policies and Bilateral Investment Treaties (BITs): Implications for Regional Integration."
COMP noted 'a good number' of mines ordered for closure or suspension involved companies from countries that have standing bilateral investment treaties (BIT) with the Philippines.
Bilateral investment treaties typically include within the definition of "investment" shares or participation in companies.
Summary: The government has begun a major initiative to rewrite the bilateral investment treaties India has signed with other countries in the past.
The large number of bilateral investment treaties signed between advanced and developing countries across the world speaks to their useful role in promoting cross-border trade and investment, and the United States would have the benefit of drawing on a well-established model text for negotiations.
Kuwait has signed bilateral investment treaties with 74 partners.
The banks said that the plan to convert the loans violates European Union laws and bilateral investment treaties.
He said the Government of Spain would settle the issues of bilateral investment treaties and memoranda of understanding with Pakistan.
Bilateral investment treaties: countering resource nationalism, limiting sovereignty and democracy?
Cherie Blair's law firm Omnia Strategy has agreed a deal with Kazakhstan's Ministry of Justice earlier this year to conduct a review of the country's bilateral investment treaties.
Of the 390 disputes filed between 1995 and 2010 under some 2,700 bilateral investment treaties, Heather noted that governments won 40% of the cases, investors 30%, with 30% ending in a settlement.

Full browser ?