are negotiated between two governments and obligate the host government to extend fair and nondiscriminatory treatment to investors from the other country.

Question

Quizplus · Accepted Answer

Bilateral investment treaties are agreements between two governments that ensure fair and nondiscriminatory treatment of investors from the other country. Joint ventures, on the other hand, refer to partnerships between companies from two different countries. Act-of-state doctrines and sovereign immunity doctrines are legal principles that relate to the relationship between a government and its citizens, and do not directly pertain to investment treaties.

Are Negotiated Between Two Governments and Obligate the Host Government