What is the core structural focus of the 2024 India-UAE Bilateral Investment Treaty (BIT) within India's international investment…

Question

What is the core structural focus of the 2024 India-UAE Bilateral Investment Treaty (BIT) within India's international investment strategy?

1. A. Proposes joint sovereign funds and links INR swap with UAE banks.
2. B. Focuses on pre-establishment rights and UAE-based arbitration.
3. C. Assures post-establishment investor confidence via standard and national treatment. (Correct answer)
4. D. Aims at GCC-wide tax regulation under India-led digital framework.

Correct Answer

Option C — Assures post-establishment investor confidence via standard and national treatment.

Detailed Solution & Explanation

The correct answer is Assures post-establishment investor confidence via standard and national treatment..

Key Points

• The 2024 India–UAE Bilateral Investment Treaty follows India's Model BIT (2016) template, which centres on post-establishment protections — fair and equitable treatment, national treatment, and investor security *after* the investment is made.
• The wrong options describe things the Model BIT deliberately avoids (broad pre-establishment rights, foreign-seat arbitration, sovereign-fund/tax schemes).
• Tie the answer to the Model BIT's post-establishment, national-treatment core.