India-UAE Bilateral Investment Treaty
- The new Bilateral Investment Treaty (BIT) between India and the UAE aims to protect investments for citizens from both countries, replacing the expired Bilateral Investment Promotion and Protection Agreement (BIPPA).
- The UAE is India's seventh-largest FDI source, with investments totaling approximately $19 billion (April 2000 - June 2024), while India’s overseas investments in the UAE reached $15.26 billion over a similar period.
Key Features of India-UAE BIT 2024
- Investor protection through a defined standard of treatment, ensuring no denial of justice, no arbitrary discrimination, and protection against manifestly abusive practices.
- Investor-State Dispute Settlement (ISDS) mechanism, with a mandatory three-year requirement to exhaust ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 India-Bhutan Hold Talks on Boundary and Cooperation
- 2 New Species of Congrid Eel Discovered
- 3 Delhi Becomes the 28th Legislature to Join NeVA
- 4 U.S. Withdraws from U.N. Climate Damage Fund Board
- 5 India and Vietnam Hold Fourth Policy Planning Dialogue
- 6 US Targets India’s High Tariffs
- 7 India and Armenia Sign MoU on Medical Product Regulation
- 8 Poland & Baltic States to Withdraw from Ottawa Convention
- 9 India and Mongolia Strengthen Strategic Partnership
- 10 New Freshwater Algae Species Discovered in Western Ghats
