... contain variations on the concept of the “social function of property.” Typically BITs contain a stricter form of protection for investors in case of expropriation or deprivation of operating ... under the law or in the courts of the host state. The answer of the proponents of BITs is that the criticism may be true, but the object of the exercise is precisely to give additional protection ... promotion strategies include the establishment of Investment Promotion Agencies (IPAs), the offering of incentives, the preparation and dis-semination of investment guides, and, notably, the conclusion...