Global Trade Alert
Global Trade Alert

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

Announcement

27 Aug 2013

In August 2013, the government of Papua New Guinea announced changed rules for foreign investors.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

27 Aug 2013

Revocation date:

No revocation date

Updated: 27 Aug 2013
FDI: Entry and ownership rule In force

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 curb...

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