India to retain investment curbs on border nations despite China deal
India will maintain investment restrictions on bordering countries despite a recent deal with China to improve ties. Finance Minister Nirmala Sitharaman highlighted the need for safeguards due to India's sensitive location, dampening hopes for quick ease on trade curbs. The measures, initiated in 2020, have particularly slowed Chinese investments.
India will maintain investment restrictions on bordering countries despite a recent deal with China to improve ties. Finance Minister Nirmala Sitharaman highlighted the need for safeguards due to India's sensitive location, dampening hopes for quick ease on trade curbs. The measures, initiated in 2020, have particularly slowed Chinese investments.
