Among the reformed East European countries now embracing democratic notions, Poland has been the most aggressive in the effort to reach full-fledged democracy. These efforts are reflected by Poland’s recent amendments to its foreign investment law and, most recently, the signing of a treaty with the United States in hopes of attracting American investors. This article briefly examines the role and content of this treaty in the context of the overall United States treaty program and, more importantly, determines whether the Treaty has the potential to stimulate U.S. investment above and beyond the incentives now in place under the foreign investment law of Poland. While the Treaty covers many areas of investment, this discussion is limited to four areas which will most likely influence the U.S. investor; repatriation of profits, entry of investment, expropriation, and arbitration.