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India formally allows foreign investment from Pakistan

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A Dreamliner in Air India colours at an airport in Washington
A Dreamliner in Air India colours at an airport in Washington
The government on Wednesday formally allowed foreign direct investment (FDI) from Pakistan, the latest in a series of confidence building measures to build trust between the two nuclear-armed neighbours.Pakistani citizens and companies will be allowed to invest in all sectors apart from defence, space and atomic energy, a government statement said. The move to allow FDI from Pakistan had been announced by India's trade minister earli...
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