Section

Treaty norms eased, threshold for arbitration reduced to 3 years

By Economic Times - a month 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.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.