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.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

23 Apr 2013

Revocation date:

No revocation date

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 gas, etc....

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