The European Commission said that it wants to “explore options” for expanding the EU’s trade and investment with India.
The EU will be able to strike an investment deal with India, but a full-blown free trade agreement will be a much harder sell, said Portugal’s foreign minister.
Cambodia and India have agreed to speed up negotiations on a number of key documents that will lead to the signing of two significant accords.
India and the Philippines have begun negotiations on a bilateral investment agreement as they want to further boost their economic ties.
The scope of consent to arbitration is an important issue that needs to be finally settled - not least because it could have multi-billion dollar implications for India in respect of other cases involving challenges to India’s taxation measures by foreign investors.
Both sides also agreed to expedite their internal procedures for signing and ratification of the Protocol amending India-Oman Double Taxation Agreement and conclusion of the India-Oman Bilateral Investment Treaty.
Official sources said both sides are looking at firming up a bilateral investment protection treaty.
India will try and keep its taxation laws out of the ambit of all Bilateral Investment Treaties (BITs) and comprehensive economic pacts that it negotiates.
In the sorry saga of the Vodafone tax dispute, how did we get here? The original error lies with India’s tax laws.
Vodafone Group Plc’s big win against the Indian government could set a precedent for similar arbitration cases, including the one initiated by Cairn Energy Plc.
Bilateral trade and investment ties between India and the EU have become severely strained with the Modi government’s initial refusal to resume stalled negotiations on the proposed India-EU free trade agreement .
India has a Bilateral Investment Treaty with China since 2007. The treaty provides foreign investors the right to fair and equitable treatment.
India and Uzbekistan are engaged in negotiations for finalizing a preferential trade agreement and a bilateral investment treaty.
This is Brazil’s 10th and India’s 4th bilateral investment agreement since both nations had adopted their Model Bilateral Investment Treaty.
A planned EU-China investment agreement looks unlikely to be struck by September as planned because of the coronavirus outbreak, European Union trade chief Phil Hogan said.
A US-India trade deal will have historic significance, especially if it ushers in a period of strong collaboration to advance a shared bilateral trade agenda and effectively resolves troubles as they arise.
India inked an Investment Cooperation and Facilitation Treaty with Brazil – the first one after Prime Minister Narendra Modi’s Government in December 2015 approved a new template for such bilateral pacts.
India and Brazil will upgrade their strategic partnership with an “action plan” and sign a bilateral investment treaty.
India has a faced a number of claims from foreign investors over the years under the BIT regime. It is presently engaged in over 20 investor-State disputes, with a number of them revolving around retrospective tax claims.
The European Union said it was hopeful of forward movement in negotiations with India on the long-pending free trade agreement, and favoured opening separate talks for an investment protection treaty.