India to allow Foreign Direct Investment (FDI) from Pakistan

Published: Friday, Apr 13,2012, 23:07 IST
India, Foreign Direct Investment, FDI, Pakistan, Anand Sharma, Makhdoom amin fahim, IBTL

New Delhi, (ANI) In an effort to deepen the economic engagement between India and Pakistan, India has decided to allow foreign direct investment from Pakistan.

Union Commerce Minister Anand Sharma made the announcement today while speaking to mediapersons in New Delhi during a joint news conference with his Pakistani counterpart Makhdoom Amin Fahim, hours before the two countries were due to open a trading post on the Wagah border.

Commenting on the opening of the trade post between the two countries, Fahim said that it was a remarkable achievement.

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