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Protect your BITs

By: Series: Building ; 268(8282) 6 June 2003, 56(1)Publication details: 2003Subject(s): Summary: Considers whether companies accepting a construction or engineering job in an unstable foreign country should ensure there is a Bilateral Investment Treaty (BIT) in place before signing. BITs provide for the protection of the investment of a company from one contracting state made in the territory of the other contracting state. They provide for the settlement of disputes and have been concluded between the UK government and 94 other countries. Consequently, disputes can be referred to the International Centre for Settlement of Investment Disputes.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article X123080 (Browse shelf(Opens below)) 1 Available 123080-1001

Considers whether companies accepting a construction or engineering job in an unstable foreign country should ensure there is a Bilateral Investment Treaty (BIT) in place before signing. BITs provide for the protection of the investment of a company from one contracting state made in the territory of the other contracting state. They provide for the settlement of disputes and have been concluded between the UK government and 94 other countries. Consequently, disputes can be referred to the International Centre for Settlement of Investment Disputes.