ELI5: Explain Like I'm 5

International investment agreement

Okay, so you know how sometimes people or companies from one country want to do business with people or companies from another country? But when they do, there can be some disagreements or issues that come up because the laws or rules in one country might be different from the laws or rules in another country.

So, an international investment agreement is kind of like a big, official rule book that two or more countries agree to follow when they make investments (like putting money into businesses or buying property) with each other.

The agreement helps to make sure that everyone is on the same page and understands the rules and laws that they need to follow. It also helps to protect people's investments and make it easier for them to do business with each other.

It's kind of like when you and your friends agree to play a game together and you decide on the rules ahead of time. Everyone knows what to expect and what they need to do, so it's more fun and fair for everyone.