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ARTICLE · 17 DECEMBER 2019

Investor-State Arbitration 2020

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India has been a signatory to 85 Bilateral Investment Treaties ("BITs") in total, of which it had ratified 76. This includes the recent BITs signed between (i) India and Belarus

IndiaLitigation, Mediation & Arbitration
Rajendra Barot
Rajendra Barot
Sonali Mathur
Sonali Mathur
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1 Treaties: current status and future developments

1.1 What bilateral and multilateral treaties and trade agreements has your jurisdiction ratified?

India has been a signatory to 85 Bilateral Investment Treaties ("BITs") in total, of which it had ratified 76. This includes the recent BITs signed between (i) India and Belarus (which is yet to be ratified) as well as (ii) India Taipei Association in Taipei & Taipei Economic and Cultural Center in India.

However, since March 2017, India has drastically shifted its stance on investment treaties and terminated 69 BITs as per the list maintained by the Department of Economic Affairs available at https://dea.gov.in/bipa. This was done in order to renegotiate the existing BITs in accordance with India's Model BIT, 2015 ("Model BIT").

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