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US-China Business Council calls for finalized bilateral investment treaty

( February 12, 2014, 07:31 GMT | Official Statement) -- MLex Summary: Finalizing a meaningful Bilateral Investment Treaty (BIT) should be a top priority for the governments of China and the US in 2014, the US-China Business Council has said. In a statement of priorities, the US business group welcomed the July 2013 US-China Strategic and Economic Dialogue agreement to negotiate a BIT that incorporates national treatment provisions that apply to both new and existing investments, and a “negative list” approach that covers all investments except those specifically excluded in the agreement....

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