International Law Law
Bilateral Investment Treaty
An agreement between two countries setting out terms and protections for investments made by investors of one country in the territory of the other.
These treaties typically guarantee foreign investors protections like fair treatment and protection against expropriation without compensation, and often provide for international arbitration if a dispute arises with the host government.
They play an important role for businesses and individuals investing across borders, offering a layer of legal protection beyond what domestic law alone might provide.
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