Today, the Office of the U.S. Trade Representative (USTR) and the Department of State hosted a public meeting concerning the Administration's review of the U.S. model Bilateral Investment Treaty (BIT). USTR and the Department of State co-lead the negotiation of BITs for the United States.
The Administration is reviewing the U.S. model BIT, last updated in 2004, to ensure that it is consistent with the public interest and the overall U.S. economic agenda. More than 70 members of the public attended the public meeting and 17 people made statements.