On December 28, 2015, the Government of India released the text for its revised model Bilateral Investment Treaty (BIT). In this release, the Government of India also announced that the Department of Economic Affairs will be leading all negotiations on BITs and investment chapters of trade agreements to ensure continuity between trade and investment issues.
Germany’s recently announced opposition to the inclusion of ISDS in the TTIP contrasts with publicly expressed support from the European Commission and the Office of the United States Trade Representative (USTR). Lead TTIP negotiators voiced strong support for ISDS at the conclusion of the most recent TTIP round earlier this month in Brussels. ISDS also is strongly supported by both the American and European business communities, and both the American Chamber of Commerce to the EU and BusinessEurope have publicly urged that ISDS be included in the TTIP.