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Article: Indonesia expands cap on foreign investment.(Brief article)
- Article from:
- Pharma Marketletter
- Article date:
- July 16, 2007
CopyrightCOPYRIGHT 2007 Marketletter Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Using the recently-enacted 2007 Investment Law, the Indonesia government has significantly expanded its "negative list" of local industries for which foreign investment is partially or wholly restricted, reports the Asia Times Online. According to the country's Trade Minister, Mari Pangestu, this is the first such revision in seven years and is designed to protect "national ...