India

In the midst of questions about how China’s economic health will impact Africa, the foreign ministers of China and South Africa have announced that the sixth Ministerial Meeting of the Forum on China-Africa Cooperation will be upgraded to a summit. Nearly a decade after the first China-Africa Leaders summit which…
Continue Reading China, India and Japan Set to Host Major Summits To Further Strengthen Ties with Africa

When Prime Minister Narendra Modi began his tenure at the helm of one of the world’s fastest growing economies, he made it a priority to attract foreign investors to continue India’s economic growth.  However, just one year after assuming office, Prime Minister Modi and his administration must confront the concerns…
Continue Reading MAT Tax Controversy Highlights Foreign Investment Challenges Faced by the Modi Administration

On June 3, 2015, U.S. Secretary of Defense Ashton Carter and Indian Defense Minister Manohar Parrikar signed a 10-year defense framework agreement during Secretary Carter’s 10-day trip to the Asia-Pacific region, which included a stop in India.  This framework agreement comes at a time when the United States and its…
Continue Reading The United States and India Sign a 10-Year Defense Agreement and Set the Stage for Increased Defense Cooperation

In the wake of the April 2, 2015 announcement that the P5+1 countries (the United States, the United Kingdom, France, Russia, China, and Germany), together with the European Union had reached agreement with Iran on the parameters of a deal in which Iran would curtail its nuclear program in exchange …
Continue Reading Red Light For Indian Companies Doing Business With Iran

Almost all of the more than 3,000 bilateral investment treaties (BITs) in existence offer foreign investors the protection of “fair and equitable treatment” under international law.  India’s new draft model BIT does not.  In place of the well-established standard of protection, which has been interpreted and applied in hundreds of …
Continue Reading India’s Investment Treaties – Will the Government Reject a Core Standard of Investment Protection?

Despite recent improvements in India’s economic stability, the hangover from India’s credit fueled boom isn’t over yet.  Estimates of the percentage of bank loans that are “impaired” — where repayment of the loan is classified as doubtful — run as high as 9%.  Following the global financial crisis in 2008…
Continue Reading Revamping India’s Bankruptcy Laws: A Way Out of India’s Bad Debt Problem

Net neutrality has become a hot button issue, not only in the United States, but worldwide. Net neutrality is the principle that Internet service providers (ISPs) should enable access to all content and applications regardless of the content’s source, and without favoring or blocking particular products or websites. Supporters of …
Continue Reading The Net Neutrality Debate in India

Many western consumer firms operating in India have been successful at adapting to the country’s unique market challenges, which range from distinct consumer tastes and preferences to the logistical challenges of reaching a population that is still overwhelmingly rural.  Taxation and regulation have often been less pliable obstacles, as demonstrated…
Continue Reading India’s Tax Proposal: Beneficial For Business