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Foreign Investments Act 1997 (Chapter 2).

Country/Territory
Micronesia, Fed. States
Document type
Legislation
Date
1997
Source
FAO, FAOLEX
Subject
Fisheries
Keyword
Business/industry/corporations Authorization/permit EEZ-Exclusive Economic Zone Marine fisheries Maritime zone
Geographical area
Asia and the Pacific, Micronesia, Oceania, Small Island Developing States, South Pacific
Entry into force notes
This Act enters into force on a date to be appointed by the Minister by notice.
Abstract

This Act lays down rules for encouraging foreign investment to enhance the economic, social, and cultural interests of its citizens. The economic sectors on the National Green List, including fishing in the Exclusive Economic Zone, are not subject to any special criteria for the issuance of a Foreign Investment Permit.

Full text
English
Website
www.fsmlaw.org