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<h1>India Approves Joint Interpretative Notes with Bangladesh to Clarify Investment Treaty Terms and Strengthen Legal Framework.</h1> The Union Cabinet of India, led by the Prime Minister, approved Joint Interpretative Notes (JIN) on the investment agreement with Bangladesh to enhance clarity in its interpretation. The JIN addresses various clauses such as investor and investment definitions, exclusion of taxation measures, Fair and Equitable Treatment, National Treatment, Most Favoured Nation treatment, expropriation, essential security interests, and dispute settlement. These notes aim to strengthen the investment treaty regime and provide guidance for arbitration tribunals, promoting a more predictable and coherent understanding of treaty terms amidst rising Bilateral Investment Treaty disputes.