I have considered the proposed Agreement for Cooperation Between the Government of the United States of America and the Government of the United Arab Emirates Concerning Peaceful Uses of Nuclear Energy, along with the views, recommendations, and statements of the interested agencies.
Administration of George W. Bush, 2008 / Nov. 21 1437 [Filed with the Office of the Federal Register, to investment; freedom of investment from 8:45 a.m., November 21, 2008] specified performance requirements; prohi- NOTE: This proclamation was published in the bitions on nationality based restrictions for Federal Register on November 24. the hiring of senior managers; and the oppor- tunity for investors to resolve disputes with a host government through international ar- Message to the Senate Transmitting bitration. The Treaty also includes extensive the Rwanda-United States Treaty transparency obligations with respect to na- Concerning the Encouragement and tional laws and regulations and commitments Reciprocal Protection of Investment to transparency in dispute settlement. The November 20, 2008 Parties also recognize that it is inappropriate to encourage investment by weakening or re- To the Senate of the United States: ducing the protections afforded in domestic I transmit herewith, with a view to receiv- environmental and labor laws. ing the advice and consent of the Senate to I recommend that the Senate give early ratification, the Treaty between the Govern- and favorable consideration to the Treaty and ment of the United States of America and give its advice and consent to ratification. the Government of the Republic of Rwanda George W. Bush Concerning the Encouragement and Recip- rocal Protection of Investment, signed at The White House, Kigali on February 19, 2008. I transmit also, November 20, 2008. for the information of the Senate, the report prepared by the Department of State with respect to the Treaty. Memorandum on the Proposed This is the first bilateral investment treaty Agreement for Cooperation Between (BIT) concluded between the United States the Government of the United States and a sub-Saharan African country since of America and the Government of 1998. The Treaty will help to promote cross- the United Arab Emirates border investment by providing legal protec- Concerning Peaceful Uses of Nuclear tions for investors of each country for their Energy investments in the other country. The Treaty November 14, 2008 underscores the shared commitment of both countries to open investment and trade poli- Presidential Determination No. 2009–7 cies. Rwanda has opened its economy, im- Memorandum for the Secretary of State and proved its business climate, and embraced the Secretary of Energy trade and investment as a means to boost
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