PROGRESS IN “BITS” WITH US AND EU
Mar. to Jun. 2015 China Bulletin

China and the United States recently made a commitment exchange revised “negative lists” in September and speed up talks on a bilateral investment treaty (BIT).  Also, China’s premier, Li Keqiang, recently urged early conclusion of negotiations on a BIT with the European Union.  Most member EU states have BITs with China, but many are out of date.  BITs facilitate cross-border investment by granting investors from the other country or area national treatment and most-favored nation status, requiring fair and equitable treatment, protecting investments, and providing state-to-state and investor-to-state dispute resolution mechanisms.

A “negative list”, proposed in China’s recent draft “Draft Foreign Investment Law“, allows investment in all areas, except certain sensitive areas included on the list.

Questions?  Please contact Allan Marson at china.desk@ishimarulaw.com or +1 408-738-0592 #719 for a complimentary consultation.