DAR ES SALAAM, May 21 -- THE government has embarked on a comprehensive review of its Bilateral Investment Treaties (BITs) in a strategic move to safeguard the country from potential legal and economic vulnerabilities in international arbitration.
“The goal is to identify clauses that have weaknesses and to engage in discussions with the respective countries so that, in the event of a dispute, Tanzania does not suffer any undue harm,” said the Assistant Director for Domestic Arbitration at the Office of the Solicitor General, David Kakwaya.
He said on Monday, during a stakeholders meeting in Dar es Salaam, that a dedicated government team has already been assembled to participate in ongoing international efforts to reform th...
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