ISDS Case Map
India
Even as the Centre is inching closer to sign a Free Trade Agreement (FTA) deal with the European Union (EU), India’s dairy sector has flagged some concerns involving livelihood scores of Indian farmers.
Bangladesh and India have begun talks on signing a comprehensive economic partnership agreement (CEPA) to enhance trade relations.
After successfully blocking milk product imports from New Zealand and Australia under the Regional Comprehensive Economic Partnership (RCEP) agreement, the Indian dairy industry is mounting similar pressure vis-à-vis a free trade deal with the European Union (EU).
The company has appointed a leading international law firm to advise the company of its legal options, and in particular, the Australian Bilateral Investment Treaty.
India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for ₹10,247 crore in back taxes from Cairn Energy Plc -- the second time in three months that it has refused to accept an international award against retrospective tax.
India has time till mid-April to file an appeal against an international arbitration tribunal ordering it to repay UK's Cairn Energy Plc USD 1.2 billion-plus interest and cost, but the challenge can only be on limited grounds such as procedure not being followed.
India and the European Union (EU) may announce some progress in negotiations relating to a broad-based trade and investment agreement during the India-EU summit scheduled for 8 May.
India and Bangladesh are expected to sign an economic partnership agreement over the next five years which will preserve trade rights for Bangladesh.
India will be filing an appeal at The Hague this week against the $1.4-billion arbitration award against British oil firm Cairn Energy.
India and Bangladesh decided to move forward expeditiously on a feasibility study for comprehensive free trade agreement.
