11.02.2016 - India open to UAE chairing infra fund
India is open to the United Arab Emirates (UAE) chairing the newly constituted National Investment and Infrastructure Fund (NIIF) that seeks to attract foreign capital to fund the country’s infrastructure development. “We are open to the UAE being the CEO of NIIF… If the UAE invests in the fund and if they want to have a representative in the governance of the fund. that is permissible under our national investment fund rules,” a top official told BusinessLine on condition of anonymity...............................................Full Article: Source
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