​India-Uzbekistan Bilateral Investment Treaty

  • On 27th September 2024, India and Uzbekistan signed a Bilateral Investment Treaty (BIT) in Tashkent, aimed at enhancing investor confidence between the two nations.
  • The BIT assures appropriate protection for investors from both countries, aligning with relevant international precedents and practices, thereby boosting confidence among investors.
  • The treaty guarantees a minimum standard of treatment and non-discrimination for investors, while also providing an independent arbitration forum for dispute settlement, enhancing investor comfort levels.
  • The agreement protects investments from expropriation and includes provisions for transparency, transfer of funds, and compensation for losses, establishing a secure environment for investors.
  • India’s Overseas Direct Investment (ODI) in Uzbekistan reached ....
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