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Bill: Foreign Investment Reform Act
Details
Submitted by[?]: Alliance Républicaine Démocratique
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 2782
Description[?]:
| A much-needed reform concerning these two sectors: - the stock exchange cannot function and defies its purpose if it is entirely State-ran. - in order to attract foreign investment and to promote a better, smoother international cooperation, we need to support the idea of equality of chances for international firms. As long as the actions of these international firms are regulated in the same way as the operations of any other national firm, there would be no problem in allowing their full access to majority shares. |
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 need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 2
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: The government owns the stock exchange(s).
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 247 | |||
| no | Total Seats: 353 | |||
| abstain | Total Seats: 0 |
| Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
| Random quote: "You don't have to be straight to be in the military; you just have to be able to shoot straight." - Barry Goldwater |