Wednesday, May 25, 2005

More on BIPAs and BIT's

I almost missed this but I think it's important. In response to speculations of impending lawsuits from evicted farmers, the Zim government is reported to have started delisting farms belonging to citizens from countries with which Zimbabwe signed Bilateral Investment Treaties (BIT's). Said treaties contain proctection clauses for foreign investments known as Bi-lateral Investment Protection Agreements (BIPAs).

"Delisting" is the antonym for "enlisting," which in Zimbabwe refers to the government's notice of intention to annex a farm for the redistribution program.

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