IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 05 Oct 2012 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

Furthermore, article 52 of the law on the defence industry stipulates that all companies in the "major appliance industry" ought to be fully owned by the state (para. 1). Also, paragraph 2 states that industry of "main or supporting components (...) and raw materials" has to be owned at least to 51% by the government.

The law came into affect on 5 October 2012.

AFFECTED COUNTRIES

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