A obligates the host government to extend fair and nondiscriminatory treatment to investors from the other country.

Question

Quizplus · Accepted Answer

The statement describes a provision of a Bilateral Investment Treaty (BIT). BITs are agreements between two countries that establish the terms and conditions for private investment by individuals and companies of one country in the other country. One of the key provisions of a BIT is the fair and nondiscriminatory treatment of investors from the other country.

A Obligates the Host Government to Extend Fair and Nondiscriminatory