03-October-2026
Economy News
 
India-Saudi investment pact ushers in 2-year local remedy window
01-Oct-2026

The government on Wednesday approved the Bilateral Investment Promotion and Protection Agreement (BIPA) with Saudi Arabia, offering investors a shorter two-year timeline to exhaust domestic remedies before initiating international arbitration, sources told FE. This is the first such provision among a handful of new-generation bilateral investment treaties signed in the last couple of years.

News Source:- https://www.financialexpress.com/policy/economy-india-saudi-investment-pact-ushers-in-2-year-local-remedy-window-4350996/