Bilateral investment treaties (BITs)and foreign investment and promotion agreements (FIPAs)are government initiatives designed to stabilize the investment environment for corporations doing business abroad,especially for those involved in mining and natural resource extraction in countries where the political climate is unstable.

Question

Quizplus · Accepted Answer

Bilateral investment treaties and foreign investment and promotion agreements are indeed government initiatives aimed at providing stability to corporations investing in countries with uncertain political climates, especially in natural resource sectors such as mining.

Bilateral Investment Treaties (BITs)and Foreign Investment and Promotion Agreements (FIPAs)are