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Global Trade Alert

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India: Limited use of"non-compete clause"in FDI for pharmaceutical sector

Description

On 21 April 2014, the Reserve Bank of India decided to disallow the incluson of a "non-compete clause" for Foreign Direct Investment (FDI) in the pharmaceutical sector except in special circumstances...

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Intervention Details

Intervention Type

FDI: Financial incentive

MAST Chapter

FDI measures

Implementation date

21 Apr 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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