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EU discussing investment protection pact with India

09 Apr '19
1 min read

Investments from European Union (EU) to India fell in the last fiscal and the lack of protection of investments may be a reason, EU ambassador to India Tomasz Kozlowski told a conference on India-Europe economic ties organised by the PHD Chamber of Commerce and Industry in Delhi recently. EU is discussing with India a possible investment protection agreement.

Such an agreement would replace the bilateral investment treaties between India and EU member states, which were terminated a few years ago, a press release from EU quoted the envoy as saying.

The EU-India partnerships on water, on resource efficiency, on clean and renewable energy and climate change, and on sustainable urbanisation, will bring opportunities for businesses on both sides, he added. (DS)

Fibre2Fashion News Desk – India

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