ISDS Case Map
India
Long dormant free trade negotiations between India and Australia have been brought back to life as the federal government again tries to bulk up economic ties between the two countries.
India will fast-track free trade agreements (FTAs) with at least six nations — including the UAE, the UK, Australia, Canada, and the EU.
In a drastically changed geopolitical scenario, developments in the Indo-Pacific, have brought Australia and India closer together as Comprehensive Strategic Partners.
An arbitration tribunal in 2020 awarded Devas more than $111 million plus interest in retro tax case.
Australia is keen to deepen our trade and investment links with India, and take the economic relationship to the next level.
India proposed scrapping a controversial law that taxed companies retrospectively, a move that could potentially settle its multi-billion-dollar tax cases with Cairn Energy and Vodafone.
Pact to help India increase exports in goods, services; lead to possible FTA with GCC.
The government confirmed that a French court has ordered the freezing of certain Indian assets on a petition by Britain's Cairn Energy, which is seeking to recover USD 1.72 billion arbitration award.
India and the EU are likely to begin negotiations on the revamped proposal for a bilateral FTA in September but there continues to be disagreement on whether to carve out separate agreements on investment protection and geographical indications (GIs).
The parties have agreed to launch negotiations on key issues such as market access, investment protection and geographical indications.
