Article
Investment Protection In A Post-BIT World: The Çelebi Case And The New Frontier Of Foreign Investor Rights In India
The landscape of international investment protection has undergone a seismic shift in India over the past decade. Once a champion of Bilateral Investment Treaties (BITs) with over 80 such agreements, India has dramatically reversed course, terminating the majority of these treaties and adopting a restrictive Model BIT in 2016.1 This fundamental restructuring has created significant uncertainty for foreign investors operating in the Indian market.
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