ReportedPOLICY
New bilateral investment treaty template awaits Cabinet approval
SOURCEBusiness Standard · The Hindu BusinessLine
LATEST · 5 Oct, 12:36 IST
A second, independent outlet carries it
WHAT WE KNOW
Business Standard and The Hindu BusinessLine reported that a new template for bilateral investment treaties, prepared over the last one-and-a-half years, is ready and expected to get Cabinet approval soon.12 The outlets reported that India has concluded investment protection agreements with Saudi Arabia, the UAE, Oman and some Central Asian countries, with the Saudi Arabia pact going beyond the 2016 framework to sharpen investor protection.12 They also reported that India is negotiating similar agreements with Canada and Russia, and expects to conclude pacts with at least three more countries by December.12
TIMELINE
5 Oct
12:36
12:36
A second, independent outlet carries it
The Hindu BusinessLine · Outlet · now Reported
5 Oct
12:34
12:34
First reported
Business Standard · Outlet
Business Standard and The Hindu BusinessLine reported that the current framework requires a foreign investor to wait for five years before initiating a treaty-based arbitration against India.
Business Standard and The Hindu BusinessLine also reported that the India-US trade agreement is yet to be finalised and negotiations have been hard and very rigorously conducted.
SOURCES
1
Outlet · 5 Oct
2
Outlet · 5 Oct
Cite the source, not this page. Verification states are editorial judgements at a point in time, not certifications.
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