International Current Affairs MCQs - 2026-08-19

A cornerstone of most modern BITs, including those India negotiates, is the commitment to provide 'fair and equitable treatment' (FET) to investors. This ensures that investors are treated without discrimination and that their investments are not subjected to arbitrary or unfair measures. Dispute resolution mechanisms are also standard, not excluded.

The primary aim of a BIT is to facilitate and encourage cross-border investment by providing a secure and transparent environment. Therefore, concluding negotiations for such a treaty is expected to boost bilateral trade and investment flows between India and the EU.

A Bilateral Investment Treaty (BIT) aims to promote and protect investments between two parties by providing a stable and predictable legal framework, enhancing investor confidence, and offering mechanisms for dispute resolution. For India, it means better protection for its investments in EU countries and vice versa.

The permanent members of the UN Security Council are China, France, Russia, the United Kingdom, and the United States. Germany is a significant global power but not a permanent member, a fact India often highlights when advocating for expansion of the permanent category.

India's stance on UNSC reforms emphasizes the need for multilateralism and equitable representation, arguing that the current structure does not reflect the diversity and geopolitical realities of the 21st century.

India has consistently advocated for reforms in the UN Security Council to make it more representative of the current global order, particularly by including more developing countries as permanent members, to better reflect contemporary geopolitical realities.