India and Uzbekistan have signed a Bilateral Investment Treaty (BIT) to assure appropriate protection to Uzbekistan investors in India and Indian investors in the Republic of Uzbekistan, the Ministry of Finance said in a statement on Friday.
The two leaders acknowledged the successful agreement towards the Bilateral Investment Treaty (BIT) between India and Uzbekistan and agreed that the signing of BIT will bolster investor confidence in each other's market
India and Cambodia deliberated on cooperation in traditional medicine and e-governance, diversification of the trade basket by identifying new products, bilateral investment treaty, recognition of Indian Pharmacopoeia and collaboration in the Pharma sector.
Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed the India-UAE bilateral relationship and witnessed the exchange of eight agreements.
An investment treaty was signed between India and UAE following a bilateral meeting between Prime Minister Narendra Modi and UAE President Sheikh Mohamed Bin Zayed Al Nahyan held on Tuesday.
This landmark decision is expected to significantly enhance investor confidence and pave the way for increased Foreign Investments and Overseas Direct Investment (ODI) opportunities.
The Union Cabinet, chaired by the Prime Minister, Narendra Modi, today gave its approval for the signing and ratification of the bilateral investment treaty between the government of India and the government of the United Arab Emirates, an official statement issued on Thursday said.
The two ministers also discussed issues of mutual interest, including macroeconomic conditions, opportunities for boosting investment from Australia to India and harnessing renewable energy, digitisation and technology revolutions underway in India.