Page 23 - UUBO PE Summit 2020 - Materials
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Phase 1: Reform model BIT







        The BIT reform was

        hinged on 4 pillars….


















       Promote sustainable                    Balance investors’                     Preserve policy                            Develop

             development                            rights and                           space and                      safeguards to limit

                objectives                          obligations                     right to regulate                    exposure to ISDS








                                                                                                              The new model was
                                                                                                              approved by the FGN in


                                                                                                              February 2016




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