Published on Jun 6, 2025
Current Affairs
Bilateral Investment Treaty (BIT) on 5 June 2025
Bilateral Investment Treaty (BIT) on 5 June 2025

♦ India and Kyrgyzstan signed the Protocol and exchanged the Instrument of Ratification of the Bilateral Investment Treaty (BIT) on 5 June 2025.

♦ The BIT was signed in presence of Union Finance Minister Nirmala Sitharaman and Foreign Affairs Minister of Kyrgyzstan, Zheenbek Kulubaev Moldokanovich in New Delhi.

♦ The new Treaty replaces the earlier agreement enforced on 12th May 2000, ensuring continuity in the protection of investments between the two nations.

♦ Highlighting its benefits, the Finance Ministry said that the India-Kyrgyz BIT marks a significant milestone in strengthening bilateral economic relations and fostering a secure and predictable investment environment. 

♦ It aims to promote and protect interests of investors of either country in the territory of the other country with various key features.

♦ The Ministry added that the treaty is expected to further encourage cross-border investments and deepen economic cooperation between India and Kyrgyzstan.