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Bill: Trade (Foreign Investment) Amendment Act
Details
Submitted by[?]: Judicial Union Party
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: January 2476
Description[?]:
| An act to restrict foreign ownership of businesses. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Debate
These messages have been posted to debate on this bill:
| Date | 12:52:43, October 23, 2007 CET | From | Judicial Union Party | To | Debating the Trade (Foreign Investment) Amendment Act |
| Message | Tukarali companies are being taken over by foreign investors from countries richer than ours. Many of our largest companies are being put in foreign hands, and profits are being moved overseas. We do not oppose foreign investment, but Tukarali companies should not come under control of foreign investors. |
| Date | 18:56:14, October 23, 2007 CET | From | Greenish Liberal Democratic Socialists | To | Debating the Trade (Foreign Investment) Amendment Act |
| Message | We understand your point, but at the moment we think we'll stick to the current legislation |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 267 | |||
| no | Total Seats: 179 | |||
| abstain |
Total Seats: 53 |
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