BIT (Bilateral Investment Treaty)
Bilateral treaty protecting investments of nationals of one country in the territory of the other.
Bilateral treaty protecting investments of nationals of one country in the territory of the other.
BITs protect investors against expropriation, discrimination, and transfer restrictions, establishing international arbitration mechanisms for dispute resolution.
Free Trade Agreement (FTA)
International agreement that eliminates or reduces tariffs and trade barriers between signatory countries.
TradeTrade Agreement
A pact between two or more countries establishing preferential conditions for goods and services exchange, reducing tariff and non-tariff barriers to bilateral or multilateral trade.
TradeTrade Embargo
A total or partial prohibition on trade with a specific country or entity imposed by a government or international organization as a foreign policy instrument or economic sanction.