Pakistan hints at positive response on FDI issue

   Apr 14, 3:22 pm

New Delhi, Apr 14 (ANI): In response to India's decision to allow foreign direct investment (FDI) from Pakistan, visiting Pakistan Commerce Minister Makhdoom Amin Fahim on Saturday said it was a good initiative and will be taken in a positive manner.

In an interview to ANI, Fahim said: "The way Pakistan and India have started the dialogue process is a very positive sign and we can come closer and resolve our issue s. We will sort out the future plans that can only happen through dialogues. It (Pak FDI in India) is a very good initiative and Pakistan is positive, we will definitely respond positively."

Commerce Minister Anand Sharma, in a bid to improve economic relations between the two countries, had on Friday allowed FDI from Pakistan in India.

Several Pakistani industries and banks have shown their interest in setting up business in India, which would be possible only when a policy decision on allowing cross-border FDI is taken.

At present, India and Pakistan are engaged only in trade of goods, which was liberalised recently. (ANI)

Companies fostering creativity grows more than less creative counterparts: Study Oct 20, 1:41 pm
Washington, Oct 20 (ANI): A new research from Forrester has revealed that companies that encourage creativity accomplish exceptional revenue growth than other peers.
Full Story
Govt.'s decision to deregulate prices of diesel draws mixed response Oct 18, 9:49 pm
Kolkata/ Bhopal, Oct.18 (ANI): The government's decision to deregulate the prices of diesel drew mixed response from people across the country on Saturday.
Full Story
Govt. to re-launch Direct Benefit Transfer scheme Oct 18, 9:40 pm
New Delhi, Oct.18 (ANI): The Central Government has also decided to re-launch the Direct Benefit Transfer scheme started by the UPA regime.
Full Story
Govt. deregulates prices of diesel Oct 18, 8:38 pm
New Delhi, Oct.18 (ANI): The prices of diesel in the country stands reduced effective from midnight following the decision taken by the Cabinet Committee on Economic Affairs (CCEA) on Saturday to deregulate the prices of diesel.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY