LEGAL FRAMEWORK ON PROMOTING INTERNATIONAL INVESTMENT LAW IN RWANDA THROUGH BILATERAL INVESTMENT TREATIES

Abstract

This study looks at Rwanda's legal system for advancing international investment law, with a focus on bilateral investment treaties (BITs). It looks at how Rwanda's investment laws have changed over time and how BITs might be strategically used to increase FDI (foreign direct investment). The study demonstrates how these agreements offer legal protections and foster a positive investment climate by examining important treaties and their clauses. It also discusses prospects and difficulties in putting BITs into practice, with suggestions for strengthening Rwanda's legal system to draw in long-term investment. In addition to that, this research emphasizes how important a strong legal framework is to Rwanda's economic success and trust be embodied by foreigners while investing in country hoping to get full protection as provided in international customary law. Furthermore, this study examines the legal framework for promoting international investment law in Rwanda, highlighting the function of bilateral investment agreements as key instruments for enhancing foreign investment. Rwanda has emerged as a regional leader in drawing in foreign direct investment (FDI), driven by its strategic policies and commitment to economic growth. The analysis explores the structure and implications of existing BITs, assessing their effectiveness in providing legal protections, fostering investor confidence, and facilitating sustainable economic development. Additionally, the study highlights the challenges faced by Rwanda in implementing these treaties, including regulatory coherence and dispute resolution mechanisms. By evaluating Rwanda’s BITs in the context of international investment law, this research aims to provide insights into best practices and potential reforms that can further strengthen Rwanda's investment climate and enhance its position in the global economy.