In recent years, it has become increasingly difficult to justify Bilateral Investment Treaties. Several states have begun a conscientious effort to ensure that Bilateral Investment treaties achieve their desired ends, while other states have decided to terminate them. These developments should keep the Republic of Cyprus vigilant, since it has concluded several of these treaties in the past. In this spirit, the policy paper first discusses the reasons behind the reaction against these treaties, and then examines the extent to which these concerns are relevant to Cyprus. Finally, the policy paper outlines a few policy recommendations.