The Finance Ministry described the Bilateral Investment Agreement as a landmark initiative aimed at enhancing economic cooperation between the two countries while providing robust protection for investments and investors with respect to their investments. According to the Ministry, the agreement has been designed to safeguard investor interests while preserving sufficient sovereign policy space for both countries to pursue legitimate public policy objectives.
The Ministry further stated that the Bilateral Investment Agreement reflects modern principles and the evolving jurisprudence of international investment law. It has been structured to balance investment protection with the regulatory authority of governments, ensuring that policy decisions made in the public interest remain protected.
Officials noted that the implementation of the agreement is expected to encourage greater cross-border investment activity and further deepen the economic partnership between India and Israel. The coming into force of the Bilateral Investment Agreement represents an important step toward expanding bilateral investment opportunities and reinforcing long-term economic cooperation between the two nations.
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