Investments from European Union (EU) to India fell in the last fiscal and the lack of protection of investments may be a reason, EU ambassador to India Tomasz Kozlowski told a conference on India-Europe economic ties organised by the PHD Chamber of Commerce and Industry in Delhi recently. EU is discussing with India a possible investment protection agreement.

Such an agreement would replace the bilateral investment treaties between India and the EU member states, which were terminated a few years ago, a statement from EU quoted the envoy as saying. The EU-India partnerships on water, on resource efficiency, on clean and renewable energy and climate change, and on sustainable urbanisation, will bring opportunities for businesses on both sides, he added.