Bilateral investment treaty

Bilateral investment treaty,

Definition of Bilateral investment treaty:

  1. Agreement between two countries to ensure, among other things, that (1) investors of either country are allowed to hire top management personnel of any nationality, (2) have the right to make investment related transfers, (3) assets belonging to one countrys investors in the other country can only be expropriated in accordance with the international law, and (4) investors will have access to binding international arbitration in dispute settlement.

Meaning of Bilateral investment treaty & Bilateral investment treaty Definition