Since the 1980s, countries such as brazil, china, hungary, india, ireland, and russia have adopted:______.

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11-08-2022
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Since the 1980s, countries such as brazil, china, hungary, india, ireland, and russia have adopted:______.

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Vickynehra Vickynehra · Answer 1 · 2022-08-17T12:52:15+02:00

Since the 1980s, countries such as brazil, china, Hungary, India, Ireland, and Russia have adopted FDI-friendly policies.

The FDI Policy seeks to attract and promote foreign direct investment in order to supplement domestic capital, technology, and skills in order to accelerate economic growth. Compliance with all relevant sectoral laws, regulations, rules, security conditions, and state/local laws/regulations is required for FDI.

Banking sector FDI norms allow for 74% FDI, including FII investments in private sector banks. In this sector, the government route is followed by 49% to 74% of respondents, while the automatic route is followed by 49%.

The acquisition transaction can be viewed as a foreign direct investment from one country to another.

To know more about FDI-friendly policies here

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