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