Bilateral investment treaties (or, BITs) are international agreements establishing the terms and conditions for private investment by nationals and companies of one country to another country.
The first...
international economic law
(Wex page)
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 middle-income and creditworthy poorer countries by promoting...
(Wex page)
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...
(Wex page)
Overview
International law consists of rules and principles governing the relations and dealings of nations with each other, as well as the relations between states and individuals, and relations between international organizations.
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(Wex page)
The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations. The IMF was planned and proposed in July 1944 at the Bretton Woods Conference and began financial operations on...
(Wex page)
Most favored nation is a clause frequently included in bilateral investment treaties ("BITs") which provides that a host state shall treat all of its trading partners equally. Under such a clause, if the host state lowers a tariff for one trading...