An Investment Treaty is a formal agreement between countries that aims to protect and promote foreign investments. These treaties establish rules and standards for how investors from one country can operate in another, ensuring fair treatment and protection against unfair practices. They often include provisions for resolving disputes between investors and host countries. Typically, Investment Treaties cover issues like expropriation, which is when a government takes private property, and the right to repatriate profits. They are designed to encourage international trade and investment by providing a stable legal framework, thus fostering economic growth and cooperation between nations.