Why India has paused bilateral investment treaty talks with UK
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India and the United Kingdom have put their bilateral investment treaty (BIT) negotiations on hold.
The suspension comes amid disagreements over the UK's demand for most-favored-nation (MFN) status and tax concessions.
A senior government official told Moneycontrol that India is tipped to stick to its position of excluding taxation from BITs while negotiating with other trading partners.
The suspension comes amid disagreements over the UK's demand for most-favored-nation (MFN) status and tax concessions.
A senior government official told Moneycontrol that India is tipped to stick to its position of excluding taxation from BITs while negotiating with other trading partners.
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