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Foreign Investments Act No. 14 of 2018.

Country/Territory
Kiribati
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Long title
An Act to provide for the registration, regulation and promotion of foreign investment in Kiribati and for connected purposes.
Subject
General
Keyword
Framework law Business/industry/corporations Institution Subsidy/incentive Sustainable development
Geographical area
Asia and the Pacific, Least Developed Countries, 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 providing a clear and transparent framework for investment in Kiribati; strengthening inter-ministerial coordination on regulatory provisions and incentives and support mechanisms for investments; and enhancing the promotion, admission, treatment and management of investment. Furthermore, this Act also aims at promoting sustainable economic development and growth through the mobilization and attraction of foreign and domestic investment, particularly in priority economic sectors to enhance economic development, reduce unemployment, and accelerate growth and diversify the economy.

Full text
English
Website
kiribati.tradeportal.org