From Financialexpress · Prasanta Sahu · · 1m 20s
India Signs BITs with Three Nations by December
India to sign bilateral investment treaties with Switzerland, Oman, and Maldives by December to boost foreign capital.
In brief
India to sign bilateral investment treaties with Switzerland, Oman, and Maldives by December to boost foreign capital. India plans to sign bilateral investment treaties with Switzerland, Oman, and the Maldives by December to attract long-term foreign investment. Originally reported by Financialexpress.
India plans to sign BITs with three nations
India plans to sign bilateral investment treaties with Switzerland, Oman, and the Maldives by December to boost long-term foreign capital inflows and simplify dispute resolution.
Senior official confirms negotiations
A senior official said, 'We have completed negotiations with Oman, the Maldives is close, and Switzerland is next.'
“We have completed negotiations with Oman, the Maldives is close, and Switzerland is next”
New BITs reduce dispute resolution time
New BITs will shorten domestic dispute resolution to two or three years, potentially dropping to one year with mutual agreement.
India overhauls BIT framework
India is overhauling its restrictive 2015 BIT model to attract more foreign investment amid weakening net capital inflows since 2023.
FDI growth and challenges
Gross FDI inflows rose 17.3% to $94.5 billion in FY26, but net FDI inflows remain modest at $7.7 billion.
Next steps for BITs
India expects to finalize a new BIT template for Cabinet approval and may sign agreements with Canada by December or early 2027.
The big picture
India plans to sign bilateral investment treaties with Switzerland, Oman, and the Maldives by December to attract long-term foreign investment.
