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canada goose outlet The complainant rested its case on Pakistan’s 1998 Bilateral Investment Treaty (BIT) with Australia, where it was incorporated. The treaty provides that each party shall ensure fair and equitable treatment to investments from the other; and that subject to its laws it shall accord protection and security to investments and “shall not impair the management, maintenance, use, enjoyment or disposal of investments.”The treaty also puts in place a mechanism for settlement of disputes arising between the governments of the two countries as well as between the government of Pakistan or Australia and an investor of the other state. As Pakistan is capital deficient while Australia is relatively capital abundant, it is Australian enterprises that will be mostly investing in Pakistan.

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