Bilateral Investment Treaties
Bilateral investment treaties in Global Commerce Policy
In this regard, bilateral investment treaties is: a name given by many countries to their investment promotion and protection agreements. The model United States agreement contains rights and obligations concerning the application of most-favoured-nation treatment and national treatment, whichever is the better; fair and equitable treatment more generally; permission for aliens to enter the other party ™s territory to establish, develop, administer and advise on an investment and to engage top managerial personnel regardless of nationality; an undertaking not to impose performance requirements; the provision of effective means for asserting claims and enforcing rights; transparency of regulation; procedures to be followed in case of expropriation; and freedom to transfer funds. See also international investment agreements.[1]
Bilateral investment treatiesin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Bilateral investment treaties” entry (OAS)
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