Multilateral Investment Treaty

Multilateral Investment Treaty (MIT) definition

/mʌltɪˈlat(ə)r(ə)l/ /ɪnˈvɛs(t)m(ə)nt/ /ˈtriːti/

What does Multilateral Investment Treaty mean?

A treaty between more than two states (or groups of states) that seeks to encourage reciprocal investment by investors of the parties, including providing for rights and protections for foreign investors and investments, and how any disputes that may arise are to be resolved (aka investor-state dispute settlement or ISDS).

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