Brazil: Brazil and India's Investment Cooperation and Facilitation Treaty enters into force for Brazil

On 21 December 2025, the Investment Cooperation and Facilitation Treaty between Brazil and India enters into force for Brazil. The treaty applies to investors and enterprises making bilateral investments, covering enterprises, equity instruments, debt instruments, licences, authorisations, permits, concessions, intellectual property rights and property. It establishes a joint committee to manage investment cooperation and creates mechanisms for risk mitigation and dispute prevention. The treaty requires non-discriminatory and fair treatment of investments, protects against expropriation, guarantees fund transfers and provides dispute settlement through international arbitration. Security exceptions allow protection of essential interests, with security decisions being non-justiciable. The treaty enters into force after both parties complete domestic procedures and provide written notification.