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Saturday, 21 November 2009   |   Last Updated: 24 April 2009

 

United States Launches Investment Treaty Negotiations with Rwanda

 

 

Washington, DC– The Office of the U.S. Trade Representative and the U.S. Department of State announced today that the United States and Rwanda have begun formal negotiations toward a Bilateral Investment Treaty (BIT) that would strengthen investor protections and encourage the continuation of market-oriented economic reforms in Rwanda. 

“Foreign direct investment can be a powerful tool to stimulate economic development, even in the least developed economies, where government is committed to protect and encourage such investment,” said Deputy U.S. Trade Representative Karan Bhatia. “The Rwandan Government has opened its economy, improved the business climate, and is capturing the attention of a growing number of