Foreign Investments


The Ministry of Commerce and Industry proposed to remove an old rule that requires foreign investors with tie-ups with Indian companies to get government permission before making new investments in the same field to expand outside the original joint venture (27 ITR 1445; 9/23/2010).


The Ministry of International Trade and Industry outlined a new foreign direct investment program to attract increased foreign business presence in Japan (27 ITR 1447; 9/23/2010).


The UN Conference on Trade and Development (UNCTAD) found optimism in recently surveyed multiple national corporations jumping from 47% for 2011 to 62% for 2012 in projecting increases of Foreign Direct Investment (FDI) on a global basis (27 ITR 1336; 9/9/2010).