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Investment Agreements with Foreign Countries
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....nvestment Agreements with Foreign Countries <br>News and Press Release<br>Dated:- 26-7-2017<br><BR>The existing Indian Bilateral Investment Treaties (BITs) were largely negotiated on the basis of Mode....
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....l BIT text adopted in 1993, and as amended in 2003. The 1993 Model BIT text contained provisions which were susceptible to broad and ambiguous interpretations by arbitral tribunals. Further, significa....
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....nt changes have occurred globally regarding BITs, in general, and investor-state dispute resolution mechanism, in particular. Accordingly, India started the process for review and revision of the earl....
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....ier Model BIT, and came out with a revised Model BIT version, in December, 2015. Discussion on commencing negotiations on Bilateral Investment Treaty (BIT) or investment agreement based on approved Mo....
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....del BIT text with Russia, USA and EU are ongoing. BITs help to project India as an attractive Foreign Direct Investment (FDI) destination, as well as protect outbound Indian FDI, by increasing the co....
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....mfort level and boosting the confidence of investors by assuring a minimum standard of treatment and non-discrimination. This information was given by the Commerce and Industry Minister Smt. Nirmala ....
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....Sitharaman in a written reply in Rajya Sabha today.<BR> News - Press release - PIB....