Government sources rebuff China's claim, say new FDI policies not Violation
Shortpedia
Content Team
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India refuted Chinese criticism that its new Foreign Direct Investment rules are a violation of the WTO agreement. India recently ammended the FDI rules to keep a check on foreign investments amid coronavirus outbreak. As per the government sources, the rules calling for government sanction for neighbours wishing to invest in India are "not denial" of permission but only an approval process, so no violation.
