India to retain restrictions on border nations


India finance minister Nirmala Sitharaman. — Reuters

NEW DELHI: India will retain curbs on investment from nations with which it shares a land border, the Finance Minister says days after the South Asian country struck a pact with China on patrolling their disputed Himalayan frontier.

The deal paves the way to end a four-year military stand-off and improve political and business ties between the Asian giants strained since a deadly border clash in 2020 that slowed exchanges of capital, technology and talent.

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