India has more than a 'BIT' of a problem on trade & investment negotiations

India's inflexible model bilateral investment treaty (BIT) is hindering trade negotiations with several nations, including Saudi Arabia, the UK, and the EU. These countries seek stronger investor protections, posing a challenge as India prioritizes safeguarding itself from liability. While internal discussions on potential carve-outs are underway, the BIT's rigidity may impact India's ability to attract crucial foreign investment.