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New bilateral investment treaty framework to get Cabinet nod: Sitharaman
Finance Minister Nirmala Sitharaman on Monday said a new template for bilateral investment treaties is ready and is expected to get Cabinet approval soon in a bid to make it more investor-friendly. The new template, being prepared over the last one-and-a-half years, seeks to address shortcomings in the model approved in 2016 and provide sharper protection to investors from both sides, she said. India has continued negotiations on investment protection agreements even as the new template is bein…
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