ISDS Case Map
India
Months after it called off talks between chief negotiators of the two sides on free trade agreement (FTA) to protest against the ban on sale of around 700 pharma products of a domestic company, India will meet officials from the European Union (EU) later next month to “take stock of the negotiations” on the long-pending FTA.
The Cabinet approved the revised model text for the Bilateral Investment Treaty.
Sri Lanka will never sign the long-pending CEPA with India mooted during the previous Mahinda Rajapaksa regime.
New Delhi to explore potential trade pacts with individual countries.
Hoping to increase bilateral trade with India, South American nation Peru is looking to sign a Free Trade Agreement (FTA) with India in the next three to four years, a successful achievement of which will make it the first Latin American country to have an FTA with India.
India’s inclusion in APEC is hoped to further integrate the Indian economy into the Asia-Pacific economic milieu as well as boost its ‘Act East Policy’.
For India, the U.S.-driven Trans Pacific Partnership will skew investment and intellectual property rights, and especially the debate over the Investor State Dispute System which allows companies to challenge soverign rights and public policy.
In a significant development for Indian arbitration law, the President of India has formally adopted the Arbitration and Conciliation Ordinance 2015, which will bring about major and long-awaited reforms to arbitration in India.
The two countries agreed to hold trade monitoring mechanism and CEOs forums to explore potential areas of collaborations.
India’s new model BIT makes it clear that its goal is to accomplish more than investor protection.
