Ethiopian Bilateral Investment Treaties in a Nutshell:
Focusing on its Symmetry
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In this Book, an attempt is made to examine the Ethiopian Bilateral Investment Treaties (BITs) in nutshell more particularly focusing on whether these BITs are symmetric, in terms of having balance terms and conditions of the treaty. The research found that the terms and conditions of BITs Ethiopia concluded are not favorable for the country and call for the review of these treaties. To put differently, the country made a huge concession to please foreign investors, which ultimately defeat the whole essence of BITs. The broad definition, the standard of treatment, issue of expropriation and co...
In this Book, an attempt is made to examine the Ethiopian Bilateral Investment Treaties (BITs) in nutshell more particularly focusing on whether these BITs are symmetric, in terms of having balance terms and conditions of the treaty. The research found that the terms and conditions of BITs Ethiopia concluded are not favorable for the country and call for the review of these treaties. To put differently, the country made a huge concession to please foreign investors, which ultimately defeat the whole essence of BITs. The broad definition, the standard of treatment, issue of expropriation and compensation, the guarantee of remittance and arbitration clause can be cited as an example.Ethiopia as one of the least developed countries concluded various BITs with different countries with the view to securing FDI. The close examination of BITs Ethiopia concluded, we could find both North-South BITs type, i.e., Ethiopia and developed countries like Germany and south- south BITs type i.e.,Ethiopia with developing countries like Iran.
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