Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 89)
89.
With which country has India recently brought a new Bilateral Investment Treaty (BIT) into force?
Kazakhstan
Uzbekistan
Tajikistan
Kyrgyzstan
Answer: Option
Explanation:
India has recently enforced a new Bilateral Investment Treaty (BIT) with Kyrgyzstan, replacing the earlier agreement that had been in place since May 12, 2000. The treaty is designed to provide a stable and transparent framework to promote and protect investments by investors from both countries. By ensuring legal safeguards and continuity in investment protection, the agreement aims to enhance economic cooperation and mutual confidence between India and Kyrgyzstan, encouraging more robust bilateral trade and financial engagement in the years to come.
Discussion:
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