DESPITE THE DEMAND from some partners for inclusion of investment protection treaties in free trade agreements (FTAs) that are under negotiation, India would stick to its stand of signing separate treaties for investments, and not making them part of FTAs, a senior official said.
India is currently negotiating trade agreements with the UK, European Union, Australia, Peru, Sri Lanka and Oman. In the ongoing talks with the EU and UK, bilateral investment treaties are being separately negotiated.
The FTAs that India is negotiating do have their chapters on investment facilitation. It wants investment protection to remain separate as the nature of trade and investment disputes is separate.
This story is from the December 23, 2024 edition of Financial Express Kochi.
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This story is from the December 23, 2024 edition of Financial Express Kochi.
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