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Bill: Trade (Foreign Investments) Amendment Act
Details
Submitted by[?]: Judicial Union Party
Status[?]: defeated
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: October 2491
Description[?]:
| An act to remove restrictions on foreign investors. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Debate
These messages have been posted to debate on this bill:
| Date | 06:25:59, November 23, 2007 CET | From | Judicial Union Party | To | Debating the Trade (Foreign Investments) Amendment Act |
| Message | Our nation, while not poor yet, is falling behind the rest of the world. We have high unemployment rates. We desperately need more jobs, and more money circulating in our economy. There is a simple solution for this - remove restrictions on foreign investment. Originally these restrictions were made from fear of foreign investors from taking control of our companies, and that is certainly still a concern. However, surely having a wealthy country where with high employment is more important than minor nationalist concerns? |
| Date | 21:57:41, November 23, 2007 CET | From | Flemish Liberation Front | To | Debating the Trade (Foreign Investments) Amendment Act |
| Message | this is a JUP proposal so we oppose. |
| Date | 14:31:16, November 24, 2007 CET | From | Rightist Party | To | Debating the Trade (Foreign Investments) Amendment Act |
| Message | Opposed. |
| Date | 17:20:02, November 25, 2007 CET | From | One Nation Socialist Party | To | Debating the Trade (Foreign Investments) Amendment Act |
| Message | we have to consider carefully. this bill will give almost all control of our economy to businesses. we will have to oppose. this bill could seriously harm the welfare of our country. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 123 | |||||
| no |
Total Seats: 351 | |||||
| abstain |
Total Seats: 25 |
| Random fact: Submitting a bill without any proposals in it will not attract or detract voters. It will not raise your visibility or change your political position. |
| Random quote: "The root source of wealth is human ingenuity. This has no known bounds, so the amount of wealth in existence can always be increased. That's why capitalism is called 'making money.'" - Marc Geddes |