Senate Ratifies Bilateral Investment Treaty with Rwanda
On September 26, 2011, the Senate ratified a Bilateral Investment Treaty with Rwanda. According to the State Department, BITs establish rules that protect the rights of U.S. investors abroad and provide market access for future U.S. investment. They also support market-based policies and best practices that treat investment in an open, transparent, and non-discriminatory way. (See ITT’s Online Archives 10080925 for summary of a State Department speech in which it was noted that the U.S. is pursuing a bilateral investment treaty with Rwanda.)
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State Department press release available here