top of page

India-UAE Renew Bilateral Investment Treaty, Strengthening Investor Protection and Arbitration Mechanism

  • Writer: Royzz & Co
    Royzz & Co
  • Oct 13, 2024
  • 1 min read

The Bilateral Investment Treaty (BIT) between the GOI and (UAE) was renewed and will be in force w.e.f. from 31st August, 2024 to give continuity of investment protection to investors of both the countries.  

 

India – UAE BIT 2024 is expected to increase the comfort level and boost the confidence of the investors by assuring minimum standard of treatment and non-discrimination while providing for an independent forum for dispute settlement by arbitration.  


The signing and enforcement of the BIT reflects both nations' shared commitment towards enhancing economic cooperation and creating a more robust and resilient investment environment. The Treaty is expected to pave the way for increased bilateral investments, benefiting businesses and economies in both countries.  


As per the renewed treaty, India has reduced the time period for foreign investors to seek international arbitration from five years to three years and as per the Investor-State Dispute Settlement (ISDS) mechanism, if the Indian judicial system is unable to resolve a dispute within 3 years, investors can resort to international arbitration. 

 

Recent Posts

See All

Comentarios


Mumbai

A-101/102, Floral Deck Plaza,

Off Midc Central Road,
Andheri East,

Mumbai - 400093

Email : info@royzz.com

Phone No: +91 8928274062

 

New Delhi Office: 

Chamber No. 515, D- Block, Additional Building Complex, Supreme Court,

New Delhi - 110001 

 

Chennai Office

Dhwarco Ministar Business Cente

Plot  12C 1, 5th Cross St. South Phase, Thiru Vi Ka Industrial Estate, Gundy, Chennai - 600032  

 

Ahmedabad Office

-c/o Incuspace, 'C' Wing,

4th Floor,  Krish Cubical,

Off SB Road, Thaltej,
Ahmedabad, Gujarat

  • White Facebook Icon
  • White LinkedIn Icon
  • White Instagram Icon

© 2025. ROYZZ & CO

bottom of page