Bilateral Investment Treaties and their overriding effect over sovereign law

Bilateral Investment Treaties (BIT) are agreements entered into between two sovereigns with the fundamental objective of promoting investments. While such international commitments do ensure an influx of foreign capital, they often undermine the legislative framework of the countries parties to the agreements. 

In an erudite article in the The Hindu, Mr. Deepak Raju and Mr. Prabhash Ranjan have pointed out the danger of entering into such agreements in relation to hazards they pose to public health.