Commerce and Industry minister Anand Sharma has expressed confidence that the government will be able to evolve consensus on allowing foreign investment in multi-brand retail very soon. Addressing a two-day Global India Business Meeting in Belgium, Mr Sharma assured investors of favourable investment climate in India and shared the steps taken by the government for liberalizing the foreign investment regime.

The minister identified ten broad areas of cooperation including infrastructure, manufacturing, research, innovation, skill development and pharmaceuticals as economic engagement with the European Union.