ISDS Case Map
India
Cairn commenced international arbitration proceedings against India under the UK—India Bilateral Investment Treaty in 2015.
At the World Economic Forum in Davos, India is likely to meet a lot of offers for free trade and investment deals. With US, France and Canada leaders meeting their Indian counterpart in coming few months, it is likely that India may enter into a free trade agreement with them. Though, it will be interesting to know how Prime Minister Modi go ahead with these offers.
India and Switzerland are negotiating the Trade and Economic Partnership Agreement (TEPA) in a bid to embolden the trade and economic cooperation between the two countries.
India's Commerce Minister Suresh Prabhu said RCEP negotiations may be taking longer than expected because of the economic diversity among member countries.
The year 2017 began with uncertainties in the global environment. On trade policy, the year did not end on any clearer terms than it started with. Uncertainty remains over several ongoing negotiations with different sets of countries. It is most visible at the World Trade Organisation (WTO), in the Regional Comprehensive Economic Partnership (RCEP) and in India's bilateral trade relations with Europe and the US.
Having cancelled investment treaties with about 50 foreign governments last year, India is struggling to convince some to accept new terms that make it harder to seek international arbitration for disputes
The two leaders will also discuss, among other trade and business matter, the envisaged free trade agreement between India and the European Free Trade Association (EFTA), of which Switzerland is a member.
The government has opposed Vodafone Group's proposal to merge its two arbitration cases against India, and sought an injunction from Delhi High Court to stop the telco from proceeding with the second arbitration filed in the UK, saying it was an "abusive action".
Donald Trump is flexing the United States’ economic muscle in East Asia by introducing a web of new-generation bilateral trade deals to contain China’s challenge. But Beijing is fighting back by political means.
India may have to lower the import duty on pharmaceuticals for Peru in the discussions on the proposed free trade agreement (FTA) with the South American country.
