BAE holds just 26% of the equity due to Indian foreign direct investment regulations.

In the hope of reversing that trend, the Government liberalized its foreign investment regulations on May 15.

The recruits, all recent graduates, start out by gathering statistics, studying investment regulations, intellectual property rights and antidumping legislation.

Although investment regulations in host countries frequently distort trade flows, GATT's present authority does not cover this area.

Not long ago, Mr. Mahindra and other company chiefs were lobbying India's central bank to ease overseas investment regulations.

Continuing its efforts to make the country's economy more competitive worldwide, the Mexican Government today announced a sweeping liberalization of its foreign investment regulations.

Other targets included the elimination of public waste, a gradual reduction of interest rates and the liberalization of investment regulations.

In SICAVs, it is the articles of association and the investment regulations.

Officials said the American side was using the talks to press Mexico to ease its foreign investment regulations.

The stirring turned into a full-fledged boom last year, after investment regulations were changed to allow foreign institutional investors to enter the market.