India-Israel BIA Comes into Force
On 4th July 2026, the India-Israel Bilateral Investment Agreement (BIA) came into force, replacing the 1996 Bilateral Investment Treaty (BIT) with a modern framework balancing investor protection and sovereign regulatory powers.
Key Provisions of BIA
- Investors receive National Treatment under "similar circumstances".
- National Treatment does not extend to land and real estate rights.
- Governments retain the right to regulate for legitimate public policy objectives.
- Temporary restrictions on capital transfers are permitted during macroeconomic crises.
Why was a New Agreement Needed?
Outdate Treaty
- It replaces an outdated treaty negotiated under older international investment rules.
Investors Protection
- It provides ....
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