They have approved new largescale investment projects, but not work has been done on them yet.
Most notably, the cabinet approved loosening rules on foreign investment in the retail sector, a move that would allow Wal-Mart Stores Inc.
For more than 90 years, Congress has approved and maintained laws to attract investment from overseas.
FORBES: Lawmakers Fight IRS Proposal For Banks To Report Interest Earned By Foreigners
Within a few months, the prospects for the legislation brightened and it became more likely that some form of the investment credit would be approved.
India's Foreign Investment Promotion Board had approved IKEA's proposal in January.
After a two-day heated debate, MPs in the Lok Sabha (lower house) approved the plan to allow foreign investment of up to 51% in multi-brand retail.
BBC: Indian government wins controversial foreign retail vote
Second, any purchase by Wanxiang must be approved by the Committee on Foreign Investment in the United States (CFIUS), a U.S. inter-agency panel that vets foreign deals for security concerns, and some lawmakers have already raised concerns about the deal, saying that it will transfer valuable U.S. taxpayer funded intellectual property to a foreign adversary.
The proposal was approved at a meeting of the Foreign Investment Promotion Board, Economic Affairs Secretary Arvind Mayaram told reporters.
Approved by politicians everywhere, the best investment by this measure is a state-run lottery or, more significantly, an all-market index fund from which all useful inside information has been excluded.
In an attempt to attract foreign investment, in March Libya approved a law that will introduce Sharia-compliant banking and stimulate the country's private sector, according to the ruling National Transitional Council.
The decision by India's government to allow 51% foreign direct investment (FDI) was approved by the Lok Sabha (lower house) on 5 December and the Rajya Sabha (upper house) on 7 December.
The Federal Energy Regulatory Commission has also approved financial incentives to help spur more transmission investment.
As in Chile, workers would choose investments by picking a fund managed by a major private investment firm from a list officially approved and regulated by the federal government for safety and soundness.
India's Foreign Investment Promotion Board on March 6 approved a plan of AirAsia to start a new airline in the country in a joint venture with Tata Sons Ltd. and another local company.
The Committee on Foreign Investment in the United States recently approved the sale of Complete Genomics, based in Mountain View, California to China-based BGI (formerly known as the Beijing Genomics Institute).
Just last month, with oil prices at their peak, the cabinet approved a package of new measures to promote foreign investment.
The facilities were approved as part of the British film studio's continued expansion and investment programme.
One reason to expect a deal soon is that Take-Two's board of directors recently approved a series of changes to the company's agreement with ZelnickMedia Corp, an investment firm that runs Take-Two.
ECONOMIST: Electronic Arts bids for the bad boy of video gaming
Truman says it might behoove Bush to educate his counterparts about the realities of U.S. politics--Congress also has a say in foreign investment, as evidenced by the outrage produced on Capitol Hill after the administration approved the Dubai Port Authority's takeover of operations at some U.S. ports two years ago, a deal subsequently scuttled by Congress.
Mr Cox embraced the more radical approach approved this week in the belief that it would boost the competitiveness of American firms by removing barriers to investment.
The sales process was led by Blackstone LP, the New York-based investment advisory firm, which held the auction Tuesday evening, just hours after Major League Baseball approved three finalists in the bidding, allowing current owner Frank McCourt to accept the highest and best offer.
应用推荐