Draft Indian Model Bilateral Investment Treaty Text

Draft Indian Model Bilateral Investment Treaty Text
Last Date Apr 11,2015 12:00 PM IST (GMT +5.30 Hrs)
Submission Closed.

The objective of the Indian Model Bilateral Investment Treaty text is to provide appropriate protection to foreign investors in India and Indian investors in the foreign country, ...

The objective of the Indian Model Bilateral Investment Treaty text is to provide appropriate protection to foreign investors in India and Indian investors in the foreign country, in the light of the relevant international precedents and practices, while maintaining a balance between the investor’s rights and the Government obligations. The model text will form the basis for negotiations with other countries.

Comments/suggestions are invited on the draft text.

The last date for submission of your comments is 11th April, 2015, 12:00 noon.

Model Text for the Indian Bilateral Investment Treaty

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Gus Van Harten 5 years 4 months ago

I offer my congratulations to the Government of India for developing this new BIT model.

The model incorporates many positive and innovative elements. With all of these elements, India will significantly reduce the risks and constraints it faces in association with investor-state arbitration, while also ensuring reasonable protections for foreign investors.

One of the key elements of the new model is the duty to exhaust local remedies in Article 14.3. I will continue in a separate post.