Q. Investment Protection Agreement (IPA) was seen in the news recently, is an agreement between –

[A] India and US

[B] India and EU

[C] US and Russia

[D] Ukraine and Russia

Answer: B

India-European Union (EU) are negotiating an Investment Protection Agreement (IPA) in their third round of Free Trade Agreement. The agreement will contain investment protection standards and an independent mechanism to settle disputes between investors and states under international law.

Source: The Indian Express