BIT talks must gain momentum, say experts

Treaty can help bolster trade in business services, say experts

China and the United States must step up the pace of negotiations on the proposed bilateral investment treaty that can help bolster economic growth for both sides, experts from both nations said on Friday.

The BIT is an agreement signed between two countries/regions that pertains to cross border investment. It assures foreign investors of non-discriminatory treatment and protection against unwarranted expropriation.