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Treaty norms eased, threshold for arbitration reduced to 3 years

By Economic Times - 2 months ago
India has eased certain provisions in its bilateral investment treaty with the UAE, shortening the dispute resolution period to three years and including short-term portfolio investments. This new treaty, effective from August 31, replaces the earlier agreement and aims to boost investor confidence by assuring fair treatment and providing an independent arbitration forum for dispute settlement.

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