Indian Investment Treaty Programme in the Light of Global Experiences
Economic and Political Weekly, Vol. 45, No. 7, pp. 68-73, 2010
14 Pages Posted: 9 Mar 2010 Last revised: 1 May 2010
Date Written: March 7, 2010
An exponential growth in bilateral investment treaties, accompanied by an increasing number of investor-state investment disputes has given rise to two global issues. One, the relationship between the number of such treaties and investment inflows, and two, concerns over the compromise of regulatory discretion due to obligations imposed. In the Indian context, the most important regulatory framework on foreign investment – the Press Note 2010 – does not even mention the standards contained in Indian BITs. This article makes a case to critically examine the Indian BIT programme in the light of these issues.
Keywords: Indian BITs, Foreign Investment, India
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