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| Foreign Investment | |
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| Tweet Topic Started: 6 Nov 2008, 00:19 (88 Views) | |
| Numero Capitan | 6 Nov 2008, 00:19 Post #1 |
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AWP Stalwart
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As the Leaf seeks new shareholders an interesting issue has been raised. Whether it is legal, or whether a precedent should be set, for non-citizens to invest in regional businesses. Karputsk, a visitor from New Sorvun, who are essentially allies with us through FRA membership enquired on the issue. I'm interested to know, what do fellow members of the Northern District Assembly think about this issue? |
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The Many Faced God, RDF Commander -- -- ---Awarded AWP Cross--254 RDF missions- | |
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| AmericaXLI | 7 Nov 2008, 16:48 Post #2 |
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Amex
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I think it is good, I am fine w/ people from other regions investing in it. This would increase growth of our economy and even members. |
RDF Sergeant Major (SGM)
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| Numero Capitan | 7 Nov 2008, 17:19 Post #3 |
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AWP Stalwart
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I agree, it would be good for ambassadors to have incentive to get more involved and build up capital in the region. I have amended the Market Rights Bill to provide for foreign investment. The bill is ready to be submitted to the Senate by the Northern Senator
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The Many Faced God, RDF Commander -- -- ---Awarded AWP Cross--254 RDF missions- | |
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| AP3 10 | 8 Nov 2008, 21:49 Post #4 |
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AWP Veteran
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It is very interesting. Is there any means we can invest in other regions, inter-regional trade is possible surely. |
AP3 10 ![]() WA Member AWP Citizen, Service in the Legislature, Military, Economic and Diplomatic Services. Sergeant (SGT) of AWP RDF: Ex-Citizen of The Anumist Alliance, Hethrum and Nova Imperium | |
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| Numero Capitan | 8 Nov 2008, 22:46 Post #5 |
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AWP Stalwart
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New Sorvun might have an economy, they would probably be our best bet
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The Many Faced God, RDF Commander -- -- ---Awarded AWP Cross--254 RDF missions- | |
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| Karputsk | 8 Nov 2008, 23:30 Post #6 |
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AWP Journeyman
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It might be a while, me and another Senator are having a massive debate on whether there should be a single Nationalised Bank or there should be an open Market where the National Bank performs more like Modern examples such as the Bank of England. Kinda back and forth. |
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| Liberty987 | 8 Nov 2008, 23:38 Post #7 |
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AWP Veteran
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We would have a nationalised bank, only what would peopl;e take out loans for |
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| Karputsk | 9 Nov 2008, 00:46 Post #8 |
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AWP Journeyman
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Good news! I am seeking a compromise.
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| Numero Capitan | 9 Nov 2008, 12:18 Post #9 |
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AWP Stalwart
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Sounds good, I'm sure AWP would be interested in working out an exchange rate too if a currency is set up in New Sorvun. As long as we both have active Commerce Ministers or officials then it shouldnt be too hard! |
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The Many Faced God, RDF Commander -- -- ---Awarded AWP Cross--254 RDF missions- | |
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| AP3 10 | 9 Nov 2008, 15:38 Post #10 |
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AWP Veteran
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I am sure that some (AWP) businesspeople would be happy to set up a private exchange house, earning money themselves in both currency's and offering a floating exchange rate, selling one currency on one board in return for payment on the other board; the rate could be fixed by the neccesity of having enougth to sell on either side. ....... From what I can see New Sorvun does not have a economy, there is no sign of a bank,currency,shops or investment... ............. Made enquiries on the FRA forum, apparently Romenoch is working on something in december. Big Island Nation. |
AP3 10 ![]() WA Member AWP Citizen, Service in the Legislature, Military, Economic and Diplomatic Services. Sergeant (SGT) of AWP RDF: Ex-Citizen of The Anumist Alliance, Hethrum and Nova Imperium | |
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| Karputsk | 9 Nov 2008, 18:41 Post #11 |
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AWP Journeyman
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New Sorvun is currently in the processing of passing an amendment to the Constitution which will outline the Economic system. We have just come to a compromise over the Banking system and hopefully it should be up for vote in the Senate Hall (the last stage of Parliament) soon. |
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1:05 AM Jul 11