TOKYO -- India's government and courts are showing more willingness to abide by international arbitration decisions, a trend that bodes well for companies like Amazon.com. that have contracts in the vast South Asian economy.
New Delhi seeks to balance sovereignty with openness to foreign capital
India's Supreme Court recently upheld a Singapore-based arbitration tribunal's ruling in favor of Amazon in a dispute with Future Group. © Reuters
TOKYO -- India's government and courts are showing more willingness to abide by international arbitration decisions, a trend that bodes well for companies like Amazon.com. that have contracts in the vast South Asian economy.