Bilateral investment treaties (BITs) are international agreements between two countries establishing the terms and conditions for private investment in each other’s territory by nationals and companies of one country to the other country.
The International Bank of Reconstruction and Development (IBRD) was established in 1944 as the original institution of the World Bank group. Its aim is to reduce poverty in
International economic law is a field of international law that encompasses the conduct of sovereign states and international organizations in international economic relations and the conduct of private parties involved in cross-border economic and business transactions.
The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations.
Most favored nation refers to a status conferred by a clause in which a country promises that it will treat another country as well as it treats any other country that receives preferential treatment. Most favored nation clauses are frequently included in bilateral investment treaties.
