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Bill: Foreign Investment Act
Details
Submitted by[?]: Dranish Conservative 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: October 3467
Description[?]:
| Dranland needs to maximise the potential benefits of foreign investment whilst being careful to ensure that our economy doesn't get sucked dry by overseas corporations. What we need here is to get the balance right. President Rafael Duvalle |
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 invest in national companies, but may not get a majority share.
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 | 21:01:00, April 08, 2013 CET | From | Grand National Party | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, the DCP is once again trying to promote chauvinism rather than sound economics or free market principles. Apparently the conservatives do not believe in private property if they want to ban businessmen from disposing of it as they will if they receive an offer they deem adequate. Sarah Davenport MP Member for Elbian GNP Chairwoman |
| Date | 00:26:47, April 09, 2013 CET | From | Dranish Conservative Party | To | Debating the Foreign Investment Act |
| Message | Mr. Speaker, Sarah Davenport seems to have developed an enthusiasm for misrepresenting DCP policies. Of course we believe in private property! In fact, as conservatives, we believe private property is the cornerstone of a free economy. However, we do happen to believe that the majority of Dranland's economy should be owned by our own citizens. Why is this so very unreasonable? Caron Rhydderch MP Prime Minister |
| Date | 00:38:44, April 09, 2013 CET | From | Drania Cívica 🏴 시민당 | To | Debating the Foreign Investment Act |
| Message | Mr. Speaker, We believe this proposal will be detrimental to the Dranish economy, and the greater Dovanian economy. If we must limit majority-shares for foreign investment, let this penalty only target non-Dovanian shareholders. By blocking foreign majority shares we are limiting the full investment potential for Dranish businesses. But again, we understand the fear of how foreign owners would handle Dranish businesses, and for that reason, if a restriction did exist, it should only target those from off the continent. Sun Gyeong-yun KSDP Parliamentary Leader |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 241 | ||||||
| no |
Total Seats: 134 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "Without opposition there is no politics." - Alun Daffys, former Alorian politician |