Congo, Republic Of (Brazzaville) Bilateral Investment Treaty
Signed February 12, 1990; Entered into Force August 13, 1994
102d CONGRESS 1st Session
SENATE TREATY Doc. 102-1
TREATY WITH THE PEOPLE'S REPUBLIC OF THE CONGO CONCERNING THE
RECIPROCAL ENCOURAGEMENT AND PROTECTION OF INVESTMENT
MESSAGE
FROM
THE PRESIDENT OF THE UNITED STATES
TRANSMITTING
TREATY BEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE
GOVERNMENT OF THE PEOPLE'S REPUBLIC OF THE CONGO CONCERNING THE
RECIPROCAL ENCOURAGEMENT AND PROTECTION OF INVESTMENT, SIGNED AT
WASHINGTON, FEBRUARY 12,1990
MARCH 19, 1991.-Treaty was read for the first time, and together with the accompanying
papers, referred to the Committee on Foreign Relations and ordered to be printed for the use of
the Senate.
______________
U.S. GOVERNMENT PRINTING OFFICE
WASHINGTON : 1991
LETTER OF TRANSMITTAL
__________________
THE WHITE HOUSE, March 19, 1991.
To the Senate of the United States:
With a view to receiving the advice and consent of the Senate to ratification, I transmit herewith
the Treaty Between the United States of America and the People's Republic of the Congo
concerning the Reciprocal Encouragement and Protection of Investment, signed at Washington
on February 12, 1990. I transmit also, for the information of the Senate, the report of the
Department of State with respect to this treaty.
The Bilateral Investment Treaty (BIT) program, initiated in 1981, is designed to encourage and
protect U.S. investment. The treaty is an integral part of U.S. efforts to encourage the Congo and
other governments to adopt macroeconomic and structural policies that will promote economic
growth. It is also fully consistent with U.S. policy toward international investment. That policy
holds that an open international investment system in which participants respond to market
forces provides the best and most efficient mechanism to promote global economic development.
A specific tenet, reflected in this treaty, is that U.S. direct inv