Pakistan welcomes Indian decision to allow Pakistani direct foreign investment in India

Pakistan terms the Indian decision to allow Pakistani direct foreign investment in India as a positive step.

Pakistan has termed the Indian decision to allow Pakistani direct foreign investment in India as a positive step.In a statement Foreign office welcoming it said that Pakistan will take up the decision according to the rules and regulations of the country. Earlier‚ India decided to allow foreign direct investment from Pakistan in a move to boost bilateral economic relations.An official statement issued in New Delhi said the government after reviewing the policy has decided to permit a citizen of Pakistan or an entity incorporated in Pakistan to make investments in India in sectors and activities other than defence‚ space and atomic energy.