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flag India-UAE sign new Bilateral Investment Treaty (BIT) on August 31, 2024, enhancing investment protections.

flag A new Bilateral Investment Treaty (BIT) between India and the UAE took effect on August 31, 2024, replacing the previous agreement set to expire later that year. flag This treaty enhances investment protections, including safeguards against expropriation, discrimination, and arbitrary treatment. flag It aims to boost investor confidence and strengthen economic ties, with the UAE being a significant investor in India and vice versa, fostering increased bilateral investment opportunities.

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