ISDS Case Map
India
One of the most striking features of the draft model is its jettisoning of the fair and equitable treatment standard in favor of a standard -- egregious or outrageous behaviour -- that hearkens back to legal touchstones of an earlier era.
"With India now having concluded its own model bilateral investment treaty (BIT) framework, we are poised to be able to engage with the Indians and commence in negotiations on a bilateral investment treaty," the US Assistant Secretary of State for South and Central Asia said.
Cairn Plc is seeking compensation from the government of India for the steep fall in the value of its shares in Vedanta-controlled Cairn India, which it is not allowed to sell until it settles a controversial retrospective tax demand of $1.60 billion, under the UK-India Bilateral Investment Treaty.
Open for comment until 10 April 2015.
The Government of India has released and opened the new Draft Indian Model Bilateral Investment Treaty Text for comment.
Negotiations for the proposed free trade agreement with the European Union may resume as India today said that it is "ready to talk" with the EU on the pact.
In a surprise move, the new Sri Lankan government is bringing back the long-pending CEPA with India to the negotiating table after Prime Minister Narendra Modi's "gentle persuasion".
Indonesia will resume free trade and economic partnership negotiations with important trading partners as President Joko "Jokowi" Widodo's administration steps up efforts to boost exports amid the country's economic slowdown.
Prime Minister Narendra Modi today assured Sri Lanka that it will take steps to address the concerns arising out of the two-way merchandise trade between both neighbours even as he pitched for having a Comprehensive Economic Partnership Agreement (CEPA).
EU officials say that while they are looking at a ‘political push’ from India to kick-start the stalled negotiations, the 28-nation bloc is willing to be flexible in resolving the contentious issues.
