Bi-lateral Investment Treaties (BITs)

Bilateral Investment Treaties (BITs) are agreements between two countries designed to protect and promote investments made by their investors in each other's countries. These treaties typically establish rules on how investments should be treated, ensuring fair treatment, protection from expropriation, and mechanisms for resolving disputes. BITs aim to encourage foreign investment by providing legal assurances that investors will be treated fairly and their rights protected, ultimately fostering economic cooperation and growth between the two nations.