    [Public Papers of the Presidents of the United States: William J. Clinton (1995, Book II)]
    [September 6, 1995]
    [Pages 1316-1317]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Message to the Senate Transmitting the Albania-United States
    Investment Treaty
    September 6, 1995

    To the Senate of the United States:
        With a view to receiving the advice and consent of the Senate to
    ratification, I transmit herewith the Treaty Between the Government of
    the United States of America and the Government of the Republic of
    Albania Concerning the Encouragement and Reciprocal Protection of
    Investment, with Annex and Protocol, signed at Washington on January 11,
    1995. I transmit also, for the information of the Senate, the report of
    the Department of State with respect to this Treaty.
        The Bilateral Investment Treaty (BIT) with Albania will protect U.S.
    investment and assist the Republic of Albania in its efforts to develop
    its economy by creating conditions more favorable for U.S. private
    investment and thus strengthen the development of its private sector.
    The Treaty is fully consistent with U.S. policy toward international and
    domestic investment. A specific tenet of U.S. policy, reflected in this

    [[Page 1317]]

    Treaty, is that U.S. investment abroad and foreign investment in the
    United States should receive national treatment. Under this Treaty, the
    Parties also agree to international law standards for expropriation and
    compensation for expropriation; free transfer of funds related to
    investments; freedom of investments from performance requirements; fair,
    equitable, and most-favored-nation treatment; and the investor's or
    investment's freedom to choose to resolve disputes with the host
    government through international arbitration.
        I recommend that the Senate consider this Treaty as soon as
    possible, and give its advice and consent to ratification of the Treaty,
    with Annex and Protocol, at an early date.

                                                          William J. Clinton

    The White House,

    September 6, 1995.