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Bill: Forign Investment Act
Details
Submitted by[?]: Al'Badaran 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: February 2174
Description[?]:
| We are happy to see that there are some people who have faith in Al'Badara's improving economy, unfortunately, the laws of this country prevent forign investment from benefitting the country. We propose a change to that, urging all parties to recognise not only the economic benefits but also the diplomatic ones as prosperous relationship builds between Al'Badara and these nations. We agree, however, that if we allow too much we will be giving those investors some undue influence over the nation, therefore, we suggest that a limit be placed. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors are not allowed to invest in national companies.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors need to obtain government approval for all investments in national companies.
Debate
These messages have been posted to debate on this bill:
| Date | 19:42:44, January 20, 2006 CET | From | Union of Progressive Ulama | To | Debating the Forign Investment Act |
| Message | This has always been UPU policy, since we created the Al'Badara Foreign Investment Review Agency. As long as government approval is required for any foreign investment, then we must support. We would like the conditions of investment to give priority to Majatran investors, however. |
| Date | 01:01:20, January 21, 2006 CET | From | Ishtirakiya Party | To | Debating the Forign Investment Act |
| Message | Allowing other nations to "invest" just makes us lose control of our own economy, thus we become a neocolony |
| Date | 10:55:13, January 21, 2006 CET | From | Al'Badaran Conservative Party | To | Debating the Forign Investment Act |
| Message | Not unless the government approve too much |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 433 | ||||
| no |
Total Seats: 245 | ||||
| abstain | Total Seats: 72 |
| Random fact: Don't vote yes on a cabinet coalition that doesn't give you the power that you deserve. |
| Random quote: "Men who have greatness in them don't go in for politics." - Albert Camus |