Binational Dispute Settlement Panel

(redirected from Binational Dispute-Settlement Mechanism)

Binational Dispute Settlement Panel

A panel set up under a bilateral investment treaty or a free trade agreement to negotiate disputes between companies or governments of the signatory parties. Among other advantages, this enables parties to the treaty to avoid deciding which country's law applies in a particular case.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Full browser ?