A bilateral investment treaty bit is an agreement establishing the terms and conditions for private investment by nationals and companies of one state in another state this type of investment is called foreign direct investment fdi bits are established through trade pacts. Bilateral investment treaties the us bilateral investment treaty bit program helps to protect private investment to develop market oriented policies in partner countries and to promote us exports. 1 bilateral investment treaties and 2 treaties with investment provisions a bilateral investment treaty bit is an agreement between two countries regarding promotion and protection of investments made by investors from respective countries in each others territory. 1 entry into force pending exchange of instruments of ratification 2 formerly zaire 3 treaty signed on october 22 1991 with the czech and slovak federal republic and has been in force for the czech republic and slovakia as separate states since january 1 1993 4 entry into force pending . Database of bilateral investment treaties this database is searchable by signatory states particular treaty and year of signature it also indicates when the treaties entered into force and whether they refer to the icsid convention or additional facility arbitration and conciliation the data is non exhaustive and is based on information
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