π€ India to speed up foreign investor arbitration
The government plans to amend the model bilateral investment treaty to allow international arbitration after one year instead of five years. This change targets overseas investors, and the finance ministry moved a cabinet note for this revision. The proposal also expands the definition of investment from enterprise-based to asset-based, including long-term shares. This overhaul comes after facing record ISDS claims and losing a case in 2015. The Centre aims to balance investor appeal while ensuring adequate protection for Indian investors moving forward.