Showing posts with label FDI. Show all posts
Showing posts with label FDI. Show all posts

Mar 22, 2008

Money from Islamabad

Ministry roots for FDI from Pak
R. SURYAMURTHY

New Delhi, Feb. 10: The commerce ministry has proposed foreign direct investment (FDI) from Pakistan on a case-by-case basis.

Jairam Ramesh, the minister of state for commerce, has written a letter to external affairs minister Pranab Mukherjee for support to allow FDI from Islamabad.

“If FDI from Pakistan is allowed on a case-by-case basis through the normal FIPB (Foreign Investment Promotion Board) route, security concerns can be addressed,” Ramesh said in the letter.