Uzbekistan and India sign landmark agreement to protect investors

The Bilateral Investment Treaty is designed to ensure robust protection for investors from both countries, adhering to international standards. Uzbek investors in India and Indian investors in Uzbekistan will benefit from increased security, guaranteed minimum standards of treatment, and non-discriminatory practices. The treaty also facilitates the resolution of potential disputes through arbitration, offering protection against expropriation and providing clear guidelines for compensation and the transfer of capital.

This agreement marks a significant step towards fostering a more stable and reliable investment environment in both nations. The BIT is expected to enhance investor confidence, making investment activities more comfortable and transparent. By removing barriers and providing legal safeguards, the treaty is poised to increase bilateral investments, benefiting businesses and boosting economic growth in both Uzbekistan and India.

Officials from both countries anticipate that the BIT will pave the way for greater mutual investments, ultimately contributing to the prosperity of both economies.