After over a year long discussion on changing the Model Bilateral Investment Treaty (BIT), the Government of India finalised the new Model BIT around two weeks back. This Model BIT will form basis for entering into new BITs as well as renegotiating the existing BITs.
I have written this post for the Kluwer Arbitration Blog to give an overview of the Model BIT. The post compares the new Model BIT to the Draft Model BIT which was released last year.
The post is available here.