International Development and Sustainability
Bilateral investment treaties (BITs) are agreements between two countries aimed at promoting and protecting investments made by investors from one country in the other. These treaties provide a legal framework that ensures fair treatment, protection against expropriation, and the right to dispute resolution for foreign investors, fostering a secure environment for foreign direct investment (FDI) and multinational corporations.
congrats on reading the definition of bilateral investment treaties. now let's actually learn it.