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Global Trade Alert

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India: Non-automatic approval on overseas investments in foreign joint ventures or subsidiaries of Indian companies

Description

On 14 August 2013, the Reserve Bank of India (RBI) reduced the threshold amount of outward foreign direct investments of an Indian party in joint ventures (JV) and/or wholly owned susidiaries (WOS) n...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

14 Aug 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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