Saturday, July 28, 2007

FDI from Bangladesh to get clearance this year: Ramesh

url ( http://www.newkerala.com/july.php?action=fullnews&id=49943 )

Why did India refuse to allow Foreign Directed Investment (FDI) from Bangladesh and Pakistan for only security reasons and then allow FDI to be from Bangladesh within this year? What's the difference? I am shocked how within this year from 2006 to 2007, the India's export claimed to be 1.7 billion dollars to Bangladesh while Bangladeshi share was approximately 250 million dollars. That's a lot of money in the huge trade imbalance, and it's amazing.

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