Bilateral Investment Agreement
Key Facts
Abbreviation
BIT
Pronunciation
/baɪˈlætərəl ˌɪnˈvɛstmənt əˈgrimənt/
Category
Business
Related Field
International Business
Examples in Context
- Since China and Sweden signed the first bilateral investment agreement in 1982, China has signed 110 bilateral investment agreement by 2007.
- However, Sri Lanka and China signed a bilateral investment protection agreement in 1986, many of the provisions are outdated, which can not adapt to the new investment needs and need to be amended.
- Bilateral Investment Treaty is the agreement form that is most widely used in international investment field to date.
- It analyzes the realization of National treatment in international law from Bilateral Investment Treaty and Multilateral Agreement on Investment. Then it discusses the enlightenment for our country in the stage of the admission of foreign investment.
- Bilateral Investment Treaties ( BITs ) is an agreement that protects the private investment relationship signed between the capital export country and the capital import country.
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