[Federal Register Volume 77, Number 100 (Wednesday, May 23, 2012)]
[Notices]
[Page 30584]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-12494]


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DEPARTMENT OF STATE

OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE

[Public Notice 7893]


Notice of Termination of United States--Bolivia Bilateral 
Investment Treaty

AGENCY: Department of State and Office of the United States Trade 
Representative.

ACTION: Notice.

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SUMMARY: The Government of Bolivia has delivered to the United States a 
notice of termination for the bilateral investment treaty between the 
two countries, a termination that will take effect on June 10, 2012. As 
of June 10, 2012, the treaty will cease to have effect except that it 
will continue to apply for another 10 years to covered investments 
existing at the time of termination (June 10, 2012).

FOR FURTHER INFORMATION CONTACT: Michael Tracton, Senior Negotiator for 
Investment Treaties at the Department of State, at (202) 736-4060, or 
Jai Motwane, Director for Services and Investment at the Office of the 
United States Trade Representative, at (202) 395-9580.

SUPPLEMENTARY INFORMATION: Bolivia delivered notice on June 10, 2011, 
that it was terminating the ``Treaty Between the Government of the 
United States of America and the Government of the Republic of Bolivia 
Concerning the Encouragement and Reciprocal Protection of Investment'' 
(``the Treaty''). Pursuant to the terms of the Treaty, termination is 
to take effect one year from the date of that notice.
    The Treaty was signed in Santiago, Chile on April 17, 1998, and 
entered into force on June 6, 2001. Under the terms of the Treaty, 
either Party may terminate the Treaty at the end of an initial ten-year 
period, or any time thereafter, by giving one year's written notice to 
the other Party. The provisions of the Treaty will continue to apply 
for an additional 10 years to all covered investments existing at the 
time of termination. The Treaty provides protections to cross-border 
investment between the two countries and the option to resolve 
investment disputes through international arbitration. The Department 
of State and the Office of the U.S. Trade Representative, which co-lead 
the U.S. bilateral investment treaty program, are providing this notice 
so that existing or potential U.S. investors in Bolivia can factor the 
termination of the Treaty into their business planning, as appropriate.

    Dated: May 14, 2012.
 Todd Kushner,
Deputy Director, Department of State.
    Dated: May 14, 2012.
Jonathan Kallmer,
Deputy Assistant U.S. Trade Representative, Office of the U.S. Trade 
Representative.
[FR Doc. 2012-12494 Filed 5-22-12; 8:45 am]
BILLING CODE 4710-07-P