Celebrating its 6th anniversary, the Centre for Trade and Investment Law (CTIL) has emerged as a dynamic hub for advancing legal expertise on international trade and investment issues. Nestled within the Indian Institute of Foreign Trade, CTIL has taken on a pivotal role in influencing global economic law discourse.
This topic of “Centre for Trade and Investment Law” is important from the perspective of the UPSC IAS Examination, which falls under General Studies Portion.
Nurturing Legal Expertise: CTIL’s Mandate
The Centre for Trade and Investment Law (CTIL) functions as an incubator of legal excellence within the realm of international trade and investment law. Operating under the umbrella of the Indian Institute of Foreign Trade, CTIL’s core mission is to augment expertise in legal aspects related to international trade and investment.
A Resourceful Repository
CTIL serves as a knowledge repository, housing a wealth of information on matters concerning trade and investment law. This repository encompasses a broad spectrum, including insights into ongoing trade negotiations, updates on disputes, and significant developments within the international economic landscape.
A Thought Leader’s Journey
Over its six years of existence, CTIL has transformed into a thought leader that actively engages with and influences the evolving global discourse on economic law. By consistently offering creative ideas and perspectives, CTIL seeks to shape international conversations concerning international economic law.
CTIL’s influence extends to multiple stakeholders. This engagement encompasses various entities ranging from central and state governments, think-tanks, and research centers to national law schools, educational institutions specializing in international economic law, independent legal professionals, industry organizations, and the private sector.
Establishment and Location
Ministry of Commerce and Industry’s Vision
The Centre for Trade and Investment Law (CTIL) was brought into existence by the visionary initiative of the Ministry of Commerce and Industry. This establishment underscores the government’s recognition of the significance of enhancing legal expertise within the domain of international trade and investment.
Home in New Delhi
CTIL has established its presence in the heart of India’s capital, New Delhi. This strategic location situates the Centre within close proximity to key governmental, legal, and academic institutions, fostering synergistic collaborations and engagements.
Journey Since Inception
The Centre for Trade and Investment Law (CTIL) was inaugurated in 2016, marking the beginning of a transformative journey.