Task Force Report Urges Changes To US Model BIT

Law360, New York (October 1, 2009, 1:48 PM EDT) -- Charged with taking a fresh look at the U.S. model bilateral investment treaty, a U.S. Department of State task force has prepared a broad overview of conflicting views on provisions in the current model BIT, recommending cautious changes while avoiding a protectionist stance.

The State Department's Advisory Committee on International Economic Policy met Wednesday to consider a report from its investment subcommittee containing several different perspectives on how to improve the U.S. model BIT, which serves as the basis for negotiations and investment treaties between the...
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