TNPSC Thervupettagam

India–Israel Bilateral Investment Agreement (BIA)

July 10 , 2026 15 hrs 0 min 13 0
  • India and Israel signed a new Bilateral Investment Agreement (BIA), making Israel the first Organisation for Economic Co-operation and Development (OECD) country to adopt India’s new investment treaty model.
  • The agreement replaces the earlier Bilateral Investment Treaty (BIT) signed in 1996, which was terminated in 2017.
  • A BIA is a legal agreement between two countries to protect and promote investments through investor rights and dispute settlement mechanisms.
  • The agreement aims to increase bilateral investments, protect against unfair expropriation, ensure compensation, and improve investor confidence.
  • India’s investment treaty framework is based on the Model Bilateral Investment Treaty (BIT) 2015, which balances investor protection with the government’s regulatory powers.

 

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