Renegotiation of Australia's Bilateral Investment Treaties

The Department of Foreign Affairs and Trade (DFAT) has commenced a process to renegotiate our decades-old bilateral investment treaties (BITs).

Consistent with the Government's November 2022 policy, key objectives to be addressed in BIT renegotiation include modernising investment protection provisions to reflect current best practice. We aim to ensure there are explicit protections for governments' right to regulate in the public interest (including in relation to the environment and public health) and to remove or reform investor-State dispute settlement (ISDS) provisions. At the same time, we seek to ensure that investors' rights remain protected and that we maximise opportunities to facilitate investment flows that support energy transition, jobs and economic prosperity.
DFAT will continue to provide information and updates on this website. Requests for additional information can be made by email to: BITreformsubmissions@dfat.gov.au.

Czechia, Egypt, Hungary, Lithuania, Poland and Romania

Czech Republic (Date of entry into force: 29 June 1994)
Agreement between Australia and the Czech Republic on the Reciprocal Promotion and Protection of Investments
Egypt (Date of entry into force: 5 September 2002)
Agreement between the Government of Australia and the Government of the Arab Republic of Egypt on the Promotion and Protection of Investments
Hungary (Date of entry into force: 10 May 1992)
Agreement between Australia and the Republic of Hungary on the Reciprocal Promotion and Protection of Investments
Lithuania (Date of entry into force: 10 May 2002)
Agreement between the Government of Australia and the Government of the Republic of Lithuania on the Promotion and Protection of Investments
Poland (Date of entry into force: 27 March 1992)
Agreement between Australia and the Republic of Poland on the Reciprocal Promotion and Protection of Investments
Romania (Date of entry into force: 22 April 1994)
Agreement between the Government of Australia and the Government of Romania on the Reciprocal Promotion and Protection of Investments

Submissions received in relation to BIT renegotiations with Czechia, Egypt, Hungary, Lithuania, Poland and Romania

In January 2026, DFAT called for public submissions in relation to the renegotiations of BITs with Czechia, Egypt, Hungary, Lithuania, Poland and Romania. Five submissions were received:

Stakeholder consultations

The Department anticipates conducting virtual/in-person roundtables with interested stakeholders with dates to be advised. To register your interest to attend an in-person or virtual consultation session on the BIT renegotiations with Czechia, Egypt, Hungary, Lithuania, Poland and Romania please email: BITreformsubmissions@dfat.gov.au.

Argentina, Pakistan and Türkiye

Argentina (Date of entry into force: 11 January 1997)
Agreement between the Government of Australia and the Government of the Argentine Republic on the Promotion and Protection of Investments, and Protocol
Pakistan (Date of entry into force: 14 October 1998)
Agreement between Australia and the Islamic Republic of Pakistan on the Promotion and Protection of Investments
Türkiye (Date of entry into force: 29 June 2009)
Agreement between Australia and the Government of the Republic of Turkey on the Reciprocal Promotion and Protection of Investments

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Australia's bilateral investment treaties

Renegotiation of Australia's Bilateral Investment Treaties

Czechia, Egypt, Hungary, Lithuania, Poland and Romania

Submissions received in relation to BIT renegotiations with Czechia, Egypt, Hungary, Lithuania, Poland and Romania

Stakeholder consultations

Argentina, Pakistan and Türkiye

Submissions received for Argentina, Pakistan and Türkiye Renegotiations