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Czechs win US pledge on investment protection deal

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The Czech Republic appears to have made a breakthrough in its bid to negotiate a new bilateral investment treaty with the United States, with Washington now saying that talks on a possible new deal can begin. US Secretary of State Hilary Clinton said in a joint press conference with visiting Czech Foreign Minister Karel Schwarzenberg on Thursday that negotiations would begin in September over what the Czechs regard as lop-sided investor protection agreements.

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