Foreign Investment in the United States: Hearing Before the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, First Session, November 15, 1989


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Página 206 - ... relating to the traffic in arms, ammunition and implements of war and to such traffic in other goods and materials as is carried on directly or indirectly for the purpose of supplying a military establishment...
Página 49 - Member countries should, consistent with their needs to maintain public order, to protect their essential security interests and to fulfil commitments relating to international peace and security, accord to enterprises operating in their territories and owned or controlled directly or indirectly by nationals of another Member country...
Página 44 - First, international investment will generally result in the most efficient allocation of economic resources if it is allowed to flow according to market forces.
Página 211 - States; and (3) a partnership, association, corporation, organization or other combination of persons organized under the laws of or having its principal place of business in a foreign country. (c) Expect l as provided in subsection (d) hereof, the term "agent of a foreign principal...
Página 49 - Measures designed to eliminate such restrictions are hereinafter called « measures of liberalisation ». (b) Members shall, in particular, endeavour : (t) to treat all non-resident owned assets in the same way irrespective of the date of their formation, and (if) to permit the liquidation of all non-resident owned assets and the transfer of such assets or of their liquidation proceeds. (c) Members should use their best offices to ensure that the measures of liberalisation are applied within their...
Página 44 - The United States believes that an open international investment system responding to market forces provides the best and most efficient mechanism to promote global economic development.
Página 244 - Futures Trading Commission and the United Kingdom Department of Trade and Industry in Matters Relating to Futures.
Página 206 - We believe that, on balance, CFIUS has struck a reasoned and principled approach to ascertaining the national security. We are aware that some have claimed that CFIUS has too narrowly defined the standard, allowing some transactions to "fall through the cracks.
Página 3 - ... with maintaining and expanding freedom of international investment in response to market forces. Like US industry generally, we recognize two principal and interrelated facts: that there is a need to attract investors to the United States to meet this country's requirements for investment capital, and that the erection of barriers to international investment would lead to reciprocal action by other governments with serious adverse effects on the ability of American companies .to do business abroad....

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