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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

MFN clause not enough for companies from OECD countries to avail lower withholding tax: SC

The top court set aside a 2021 Delhi High Court ruling that allowed Nestle SA, Concentrix Services, Steria and others a concessional withholding tax rate of 5% on dividend income from their Indian arms, extending the MFN clause in the OECD.
New Delhi Prashant Bhojwani Justice Ravindra Bhatt Amit Maheshwari Tax Regulatory Services Delhi High Court

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Despite strong 2022 for cleantech, EDC report finds Canada lags peers on R&D spending, funding, converting startups to scaleups

Canadaโ€™s cleantech sector still faces numerous challenges, including low R&D spending, difficulty converting startups to scaleups, a lack of local investors, and pressure from more favourable markets.
United States Guillermo Freire Stuart Bergman Equity Association Organization For Economic Cooperation Sustainable Development Technology Canada

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