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India's Finance Minister proposes separate negotiations for investment treaties to protect national interests.
India's Finance Minister, Nirmala Sitharaman, advocates for the separate negotiation of Bilateral Investment Treaties (BITs) from Free Trade Agreements (FTAs) to ensure they capture national interests and regulatory powers without compromising sovereignty.
BITs, she argues, should be handled independently by experts to mitigate legal and financial risks.
The proposed Standard Operating Procedure (SOP) aims to coordinate swiftly between ministries upon receiving arbitration notices, addressing deficiencies in the current BIT framework and improving arbitration processes.
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El Ministro de Finanzas de la India propone negociaciones separadas para los tratados de inversión con el fin de proteger los intereses nacionales.