ANNOUNCEMENT 25 Aug 2009

In August 2009, the government of Belize announced altered domestic business conditions for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising

SOURCE



Belize Telecommunications (Amendment) Act 2009. Available at http://www.nationalassembly.gov.bz/index.php/acts-of-parliament/doc_details/127-act-no-9-of-2009-belize-telecommunications-amendment-act-2009
and also
http://btlemployeestrust.com/wp-content/uploads/2010/07/Belize-Telecommunications-Amendment-Act-2009.pdf

Notice of Arbitration between BCB and the government of Belize
http://www.italaw.com/cases/documents/178


Inception date: 25 Aug 2009 | Removal date: open ended

FDI: Treatment and operations, nes

On 25 August 2009 the Government enacted the Belize Telecommunications (Amendment) Act 2009 (the Act), which enables it to acquire compulsorily all such property as the Prime Minister, with the approval of the Minister of Finance, considers necessary to take possession of and assume control over telecommunications in Belize.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A