Daily Briefing Current Affairs

India's New Model BIT Should Write Down What India Already Does

The revised Model BIT announced in the Union Budget 2025-26 is reportedly finalised and awaiting Cabinet approval. In the meantime, the India-Israel Bilateral Investment Agreement entered into force on July 4, 2026 with a three-year local-remedies period, joining the India-UAE treaty. This has widened the gap between India's 2015 model and its actual treaty practice and that gap is what the revision now has to address.