The role of bilateral investment treaties (BITS) in investment promotion

This presentation will explore the role of Bilateral Investment Treaties (BITs) in Investment Promotion for South Africa and rest of the world. Recent global trends have indicated a decline in the ratification of new BITs with a number of countries (including South Africa) reviewing and cancelling treaties that have been in place for decades. The most recent termination of a treaty was between South Africa and Germany, which came into effect on 22 October 2014. The presentation will also seek to identify the reasons for these cancellations and consider new developments in investment policy formulation.