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India allows direct investment in Pakistan

Published Updated

rbi---------ISLAMABAD: The Reserve Bank of India has removed restrictions on overseas investment by Indian parties in Pakistan.

 

According to a press release issued by India's High Commission in Pakistan, in a circular issued on September 7, 2012, the Bank has stated that henceforth overseas direct investment by Indian parties in Pakistan shall be considered and approved as per the relevant regulations and norms.

 

Copyright APP (Associated Press of Pakistan), 2012

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