FDI: Role of MFN clauses in widening the network of Bilateral Investment Treaties
The Supreme Court of India has ruled that the country must offer the same terms to all countries, including those that became members of the OECD after Indias treaties came into force. The ruling upholds the sovereignty of the country and highlights the need for legislative oversight in international economic agreements. India, as a member of several regional free trade agreements, should approach these agreements on a stronger legal footing to attract more foreign investment and position itself...
New Delhi Supreme Court Investment Treaties Mfn Treatment Intergovernment Interface Cross Border Investments
Source: indiatimes.com