Bilateral Investment Treaty Changing Policy Paradigm in India
What is a Bilateral Investment Treaty (BIT)?
Countries have increasingly engaged in the signing of bilateral investment treaties (BITs) in order to attract Foreign Direct Investment (FDI). The basic guiding principle behind such treaties is to ensure protection of investments by the foreign investors in the host country.
Foreign investors in general look for a stable political and legal environment, which could ensure the value of their investment in the host country.
Thus, a Bilateral Investment Treaty (BIT) is an inter-governmental agreement that governs disputes between foreign investors and the government of the host country. Their purpose ....
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