https://www.taxtmi.com/news?id=18490 India revised its earlier 1993 Model BIT with a new Model BIT in December 2015 to correct broadly interpretable provisions and to align investor state dispute resolution language with contemporary practice; negotiations to conclude BITs or investment agreements based on the revised text are ongoing. The revised model is intended to preserve baseline protections such as the minimum standard of treatment and non discrimination to attract and protect foreign direct investment while limiting exposure to expansive arbitral interpretations. en-us Wed, 26 Jul 2017 17:05:39 +0530 Wed, 26 Jul 2017 17:05:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18490 India revised its earlier 1993 Model BIT with a new Model BIT in December 2015 to correct broadly interpretable provisions and to align investor state dispute resolution language with contemporary practice; negotiations to conclude BITs or investment agreements based on the revised text are ongoing. The revised model is intended to preserve baseline protections such as the minimum standard of treatment and non discrimination to attract and protect foreign direct investment while limiting exposure to expansive arbitral interpretations. News - Wed, 26 Jul 2017 17:05:39 +0530 https://www.taxtmi.com/news?id=18490