FOREIGN INVESTMENT

Guangdong Unveils 12 Measures to Stabilise Foreign Investment

25 August 2020

In a circular recently issued to various departments, the Guangdong Provincial People’s Government put forward 12 measures for strengthening the role of foreign investment in promoting and accelerating economic development, in alignment with opening-up policies (Yue Fu Ban No. 15 [2020]). More

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State Council Issues Guideline for Further Stabilising Foreign Trade and Investment

14 August 2020

The State Council General Office issued a guideline on 12 August (Guo Ban Fa No. 28 [2020]), putting forward 15 policy measures for further strengthening foreign trade and investment and stabilising foreign trade entities and industrial/supply chains. More

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UAE: Abu Dhabi Launches ‘Basic Industries Project’, New Sectors Open to FDI

10 August 2020

The government of Abu Dhabi has announced further sectors in which foreign investors will be eligible for investment incentives falling under its ‘Basic Industries Project’ (BIP) initiative, launched on 19 July. More

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OMAN: Duqm Economic Zone Slashes Processing Times for Investors

04 August 2020

Oman’s Special Economic Zone Authority at Duqm (SEZAD) has announced that it will significantly shorten processing times for applications by investors to set up businesses in the zone. More

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Greater Financial Support Given to Stabilise Foreign Trade and Investment

03 August 2020

In order to give full scope to the positive role of financial institutions in stabilising foreign trade and investment and in stimulating consumption, the Ministry of Commerce has furthered its collaboration with eight financial institutions, including the China Development Bank and the Export-Import Bank of China, through the signing of various co-operation agreements and memoranda of understanding. More

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MAURITIUS: New Budget Favours Foreign Investors, but Will Tax Foreign Digital Services

30 July 2020

Mauritius has announced that it will introduce new measures to encourage foreign investment in the country, but that it will also extend value-added tax (VAT) to digital or electronic services provided by foreign suppliers. More

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OMAN: Executive Regulations of Foreign Capital Investment Law Released

29 June 2020

Oman has unveiled executive regulations (ER) for the country’s Foreign Capital Investment Law introduced last year, which is intended to provide a better legal environment for attracting foreign investment. More

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China Releases 2020 Negative Lists for Foreign Investment Access

26 June 2020

The National Development and Reform Commission and the Ministry of Commerce jointly issued the Special Administrative Measures for Access of Foreign Investment (Negative List) (2020 Edition) and the Special Administrative Measures for Access of Foreign Investment in Pilot Free Trade Zones (Negative List) (2020 Edition) (Order Nos. 32 and 33) on 23 June 2020. The two negative lists will take effect on 23 July 2020 and supersede the previous lists. More

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MOFCOM Promotes Shanghai’s 24 Measures for Stabilising Foreign Investment

12 May 2020

On 21 April, the General Office of the Ministry of Commerce issued a letter endorsing Shanghai’s 24 measures for stabilising foreign investment, stating that the measures recently promoted in Shanghai should be referred to by all provinces, autonomous regions and municipalities. More

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China Uses Special Funds to Stabilise Foreign Trade and Investment and Bolster Consumption

06 April 2020

The General Office of the Ministry of Commerce and the General Office of the Ministry of Finance issued a joint notice on making good use of special funds for domestic and foreign trade to support efforts to stabilise foreign trade and foreign investment and bolster consumption (Shang Ban Cai Han No. 8 [2020]) on 23 March in a bid to better support epidemic control efforts. More

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