BITs also prohibit or require fair and equitable treatment in cases of "creeping expropriation" (change in regulations and taxation.

Question

Quizplus · Accepted Answer

BITs often include provisions on fair and equitable treatment that can apply in cases of "creeping expropriation," which refers to situations where a state indirectly expropriates foreign investments through regulatory or taxation measures. These provisions aim to protect foreign investors from arbitrary or discriminatory actions by the host state.

BITs Also Prohibit or Require Fair and Equitable Treatment in Cases