Overseas Investment by Indian Parties in Pakistan.

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..... No. FEMA 120/RB-2004 dated July 7, 2004 [ Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004 ] (the Notification), as amended from time to time. 2. In terms of Regulation 6 (2) of the Notification ibid, Notwithstanding anything contained in these Regulations, investment in Pakistan shall not be permitted. It has now been decided that the ov .....

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