India reviewing its 83 bilateral investment pacts

Tags: News
The government today said it is reviewing all its bilateral investment promotion and protection pacts amid global firms raising concerns about India's investment policies.

So far India has implemented 83 bilateral investment promotion and protection agreements (BIPPAs) with various countries.

"We have 83 BIPPAs which are currently under review because there are lessons learnt when these have been invoked by some (foreign) investors...then there is question of domestic jurisdiction in many cases.

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