Transatlantic Trade and Investment Partnership Current Affairs, GK & News
India and Peru held the 4th round of FTA
India and Peru have held the 4th round of negotiations for a proposed Free Trade Agreement (FTA) in Lima, Peru. The agreement is aimed to boost the 2-way commerce between both the countries. Both the countries have negotiated a trade agreement covering goods, services, investment, movement of professionals, investments, dispute settlement, technical barriers to trade, ..
Topics: Free-trade area • International Relations • International Trade • Trade blocs • Trade facilitation • Transatlantic Trade and Investment Partnership
Investor-State Dispute Settlement (ISDS) Mechanism
Investor-State Dispute Settlement mechanism is a system which allows individual companies to sue countries for their discriminatory practices. The practice came to light through the Philip Morris v. Uruguay Case under WTO. It is an instrument of public international law whose provisions are defined by a number of bilateral investment treaties. ISDS is also associated ..
Topics: Arbitration • Bilateral investment treaty • Bilateralism • Foreign direct investment • International arbitration • International Centre for Settlement of Investment Disputes • International investment agreement • International Relations • Investor-state dispute settlement • Transatlantic Trade and Investment Partnership • World Trade Organization