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Bill: Foreign Investment Act
Details
Submitted by[?]: United Liberal Alliance
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: November 2143
Description[?]:
| We introduce this bill in order to debate the nature and extent of foreign investment in Telamon. Currently, whilst foreign companies are allowed to invest in Telamonian ones, they are not allowed to gain a majority share. We believe that we should open up foreign investment by allowing foreign companies to gain majorities of Telamonian ones and hope that other nations will do the same. It is only by doing this that we can have free international investment and it should attract foreign investment into Telamon so benefitting the economy. |
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.
Debate
These messages have been posted to debate on this bill:
| Date | 19:21:20, November 18, 2005 CET | From | Rationalist Party | To | Debating the Foreign Investment Act |
| Message | I agree in principle, but believe that we should only open up totally free investment to those who would show that they would reciprocate. |
| Date | 19:27:25, November 18, 2005 CET | From | United Liberal Alliance | To | Debating the Foreign Investment Act |
| Message | yes, unfortunately there isn't that option - you have to start somewhere, it is only by setting an example ourselves that we can hope to persuade others to follow |
| Date | 19:47:11, November 18, 2005 CET | From | Conservative Party of Telamon | To | Debating the Foreign Investment Act |
| Message | We agree with this proposal. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 149 | ||||
| no | Total Seats: 50 | ||||
| abstain | Total Seats: 56 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: "Zardugal. . . very successfully almost managed to implement democracy on a global scale, a millennia ago. With a seat in the Security Council we can do it again." - Phoebe Ĥoniato, former Zardic politician |