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Global Trade Alert

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Papua New Guinea:"National interest"test for takeovers justified as means to curb foreign investment

Description

On August 27, 2013, the Papua New Guinea (PNG) government gazetted an amendment to the Takeovers Code to include a national interest test for takeovers that has been justified in terms of curbing fore...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

27 Aug 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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