ISDS Case Map
India
A 1 billion ($1.2 billion) corner of the UK economy is fearing for its future as Britain and India close in on a long-awaited free-trade agreement.
As both countries inch closer to signing the agreement, discussions have focused on contentious parts such as intellectual property rights (IPR), rules of origin and bilateral investment treaties (BIT)
India and the United Kingdom (UK) are unlikely to ink the much-anticipated trade deal by the end of October due to unresolved differences over market access issues, especially in services, according to a Financial Times report.
India and the United Kingdom are expected to sign a proposed free-trade agreement deal at the end of October 2023.
A special round of negotiations for the India-Peru trade agreement is set to take place during 10-11 October and will include an investment chapter.
Indian industry is demanding greater access for its skilled professionals from sectors like IT, and healthcare in UK market.
India and the UAE discussed a bilateral investment treaty that could see the UAE invest in India's renewable energy, health, semiconductor and asset monetisation sectors.
The much-awaited India-UK Free Trade Agreement is set to be signed by both countries by month-end here, with all outstanding issues having been resolved.
Indian industries are unwilling to offer import duty concessions to British manufacturers without London allowing easier mobility for Indian professionals, people aware of the matter said.
Since India’s quest has been to establish a rule-based global order, its support for an appellate review will ensure more state and investor confidence in international investment law.
