Commerce and Industry Minister Anand Sharma said that India has taken in-principle decision as part of trade normalisation process.
New Delhi: Improving the economic ties between the two nations, India on Friday said it will allow FDI from Pakistan paving the way for industries from the neighbouring country to set up businesses in the growing Indian market.
"India has taken in-principle decision as part of trade normalisation process to allow foreign direct investment from Pakistan...," Commerce and Industry Minister Anand Sharma said after a meeting with his Pakistani counter part Makhdoom Amin Fahim here.
Sharma said, "procedural requirements (for FDI from Pakistan) are underway. It will notified soon."
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