May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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| 252 | Part III: The Economics of Development
Free import of a large number of items through open general
licence
Reduction or elimination of quantitative restrictions (QRs)
on a number of import items
Simplifi cation, rationalization and standardization of a num-
ber of export-import procedures and documentation
Increase in the number of areas for automatic approval to
foreign direct investment (FDI) proposals
Wide range of facilities and incentives to export-oriented
units (EOU), export processing zones and special economic
zones
Permission to foreign institutional investors to trade in gov-
ernment securities and treasury bills
Replacing restrictive Foreign Exchange Regulation Act
(FERA) with a more liberal Foreign ...
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