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The Evolving and Multilayered EU – I ndia Investment Relations—Regulatory Issues and Policy Conjectures
Author(s) -
Chaisse Julien,
Chakraborty Debashis
Publication year - 2014
Publication title -
european law journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.351
H-Index - 54
eISSN - 1468-0386
pISSN - 1351-5993
DOI - 10.1111/eulj.12037
Subject(s) - negotiation , treaty , foreign direct investment , international trade , investment (military) , international economics , member states , business , economics , european union , political science , law , politics
India and several EU member countries share a rich history of investment collaborations. The collaboration has been cemented with several formal agreements with individual EU members, and the recent negotiations with the trade bloc since J une 2007 on a broad‐based Bilateral Trade and Investment Agreement ( BTIA ) can be considered as a culmination of this process while ongoing WTO negotiations on Mode 3 commitments remain essential in terms of market opening. The present article analyzes the multi‐layered regulation of foreign investment against the backdrop of the evolving EU ‐ I ndia economic relations. The 2009 Treaty of Lisbon gave a new competence to the EU which will impact ongoing negotiations with I ndia whose global standing has been significantly changing in recent years. The economic vibrancy, coupled with large market size, has earned India greater relevance in several international forums, thereby making the future EU — I ndia investment treaty one of the most promising investment agreements.