Global Trade Alert
Global Trade Alert

India: Reduced restrictions on overseas investments in the oil sector by certain public enterprises

Announcement

23 Apr 2013

In April 2013, the government of India announced changed rules for foreign investors.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

23 Apr 2013

Revocation date:

No revocation date

Updated: 23 Apr 2013
Controls on commercial transactions and investment instruments In force

On 23 April 2013, the Reserve Bank of India (RBI) issued a notification amending the restrictions on overseas investments in the oil sector (for exploration and drilling for oil and natural ...

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