Law360, New York (April 23, 2012, 3:39 PM EDT) -- On April 20, 2012, the U.S. Department of State and the Office of the U.S. Trade Representative released the 2012 U.S. model bilateral investment treaty (“BIT”), the template document that likely will serve as the starting point for negotiating new BITs with countries such as China, India and Russia. The new model BIT replaces the version released in 2004.
The new U.S. model BIT has been eagerly anticipated, since at least 2009, when the Obama administration initiated a review of the model BIT and solicited...
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