India EU trade deal includes model mediation procedures for resolving disputes

Key Highlights

• The pact is expected to be signed after legal scrubbing.
• It may be implemented next year.
• These FTA texts may undergo further modifications as a result of the process of legal revision/ scrub.
• The texts will be final upon signing.
• "A Party (India or EU) may at any time request to enter into a mediation procedure with respect to any measure by a Party alleged to adversely affect trade between the Parties," the text said, adding that the request shall be sufficiently detailed to present the concerns of the requesting side clearly and shall identify the specific measure at issue; and the adverse effects that the requesting party considers the measure has or may have on trade between the two sides.