ISDS Case Map
India
At the core of this dispute is a 2005 agreement between Antrix and Devas for the lease of satellite spectrum which was annulled in 2011.
The arbitral award has condoned the tax avoidance scheme adopted by Cairn Energy.
The perverse interplay of BITs with double taxation avoidance agreements has been bleeding India from the much-needed tax revenues.
The UK began formal preparation for a free-trade agreement with India, a post-Brexit target for Prime Minister Boris Johnson as he seeks to prove the benefit of leaving the European Union.
Potential BIT claims by foreign pharmaceutical companies against India for the revocation, suspension or non-enforcement of IPRs could undermine the benefits of a potential TRIPS waiver.
The first stakeholder consultation meeting of the joint study on a Comprehensive Economic Partnership Agreement (CEPA) between Bangladesh and India was held.
Devas (Mauritius) Ltd, Telcom Devas Mauritius Ltd and Devas Employees Mauritius Pvt. Ltd are seeking to enforce an international arbitration award they had won in 2015.
"Pre-FTA discussions will start any time now. In the coming weeks, we will set the timeline and we will have discussions," says official.
Cambodia and India have started talks on the possible establishment of a bilateral free trade agreement as the two countries boost cooperation in all sectors, particularly trade.
The decision by India and the EU to recast the stalled trade and investment agreement into three separate deals could favour the latter.
