New Zealand broadens powers to block foreign investment on security grounds

WELLINGTON — New Zealand said on Tuesday it will widen government powers to block foreign investment on national security grounds and ramp up oversight of strategically important industries already subject to screening. The planned legislation would allow the government to intervene in investments not usually subject to screening but which may provoke concern, such as […]

source https://www.newsmerit.com/tech-news/new-zealand-broadens-powers-to-block-foreign-investment-on-security-grounds/

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