New bilateral investment model: 2-yr local remedy window, no MFN clause
Published on: June 9, 2026, 6:10 a.m. | Source: The Indian Express
India is updating its Bilateral Investment Treaties (BITs) to safeguard its sovereignty and Parliament’s powers. The new model includes a two-year period for local remedies, no most-favoured nation clause, and separation of taxation from investment pacts. This was prompted by international arbitration proceedings by global companies.
