The U.S. Bilateral Investment Treaty (BIT) program supports several key U.S.
Government economic policy objectives, including the protection of U.S.
investment overseas and the promotion of market-oriented policies in other
countries, as well as the indirect export promotion of U.S. goods and services.
The BIT program's basic aims are to:
- protect U.S. investment abroad in those countries where U.S. investors'
interests are not sufficiently protected through existing agreements such as
U.S. treaties of Friendship, Commerce and Navigation;
- encourage countries
to adopt market-oriented domestic policies that treat private investment in an
open, unbiased and transparent manner; and
- support the development of
international law standards consistent with these objectives. This fact sheet helps clear up eight common misunderstandings about U.S. investment agreements and trade.