What is the main structural emphasis of the 2024 India-UAE Bilateral Investment Treaty (BIT) in the context of India’s international investment strategy?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Assures post-establishment investor confidence via standard and national treatment.
- The India‑UAE Bilateral Investment Treaty (BIT) 2024 seeks to bolster investor confidence by guaranteeing minimum standards of treatment (e.g., no denial of justice, no manifestly arbitrary or abusive treatment) and national treatment (foreign investors are treated on par with domestic investors).
- Importantly, the treaty also preserves India’s regulatory autonomy: it includes carve‑outs for taxation, government procurement, subsidies and grants, and upholds the host state’s right to regulate in public interest.