ISDS Case Map
India
Narendra Modi government is also proactively stepping up its efforts to rejig India’s trade relations with the rest of the world by overhauling its Free Trade Agreement or FTA strategy.
Both sides also agreed to expedite their internal procedures for signing and ratification of the Protocol amending India-Oman Double Taxation Agreement and conclusion of the India-Oman Bilateral Investment Treaty.
Official sources said both sides are looking at firming up a bilateral investment protection treaty.
In November 2019, India pulled out of the deal primarily through concerns of dumping of manufactured goods from China and agricultural and dairy products from Australia and New Zealand, potentially affecting its own domestic industrial and farming sectors.
Ministers from 15 Asia-Pacific countries negotiating a sprawling free trade agreement urged India on Wednesday to return to the talks as they are aiming to sign a deal by the end of the year, a Japanese official said.
Union Commerce & Industry Minister Piyush Goyal on Wednesday said that trade & economy is one of the most important pillars of India- European Union (EU) partnership, and India is looking forward enhancing this relation.
The Indian government plans to contest the judgement on the Vodafone arbitration award in Hague.
Prime Minister Narendra Modi and his Denmark counterpart Mette Frederiksen agreed to work towards an early conclusion of the bilateral broad-based trade and investment agreement.
Cairn is seeking full restitution for losses resulting from the expropriation of its investments in India in 2014.
India will try and keep its taxation laws out of the ambit of all Bilateral Investment Treaties (BITs) and comprehensive economic pacts that it negotiates.
