Draft bill on streamlining, protecting strategic investments unveiled by govt

The draft legislation aims to improve the process of legal redress by strategic investors by creating a unified institutional framework

The government on Friday unveiled, for public debate, a draft bill regarding “strategic investments and improvement of procedures for private and strategic investments”, as it’s officially called, proposed legislation aimed at streamlining the licensing process and reducing “red tape”.

Additionally, the draft legislation, according to a press release by the relevant development and investments ministry, aims to improve the process of legal redress by strategic investors by creating a unified institutional framework.

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