10 PM UPSC Current Affairs Quiz 20 August, 2024

Consider the following statements:
1.A Bilateral Investment Treaty (BIT) is an agreement between two countries to protect investments made by investors from both countries.
2.One key feature of BITs is that they allow foreign investors to directly sue the host country in an international tribunal if they believe their rights under the treaty have been violated.
3.BITs require host states to prioritize foreign investor interests over domestic concerns.
Which of the statements given above are correct?