The countries signed a sweeping pact on Saturday that calls for heavy Chinese investments in Iran over 25 years in exchange for oil — a step that could ease Iran’s international isolation.
Tag: Foreign Investments
Mexico Set to Reshape Power Sector to Favor the State
Legislation that the Mexican president has pushed would curtail private investors in the energy industry and possibly reverse gains in lowering carbon emissions.
How Biden’s Climate Ambitions Could Shift America’s Global Footprint
Serious efforts to address global warming might mean big changes for America’s trade, foreign relations and even defense strategy.
China and E.U. Leaders Strike Investment Deal, but Political Hurdles Await
The agreement, which would roll back restrictions on investment, faces some opposition in Europe and objections from the Biden camp.
U.A.E. Changes Laws to Attract Foreign Tourists and Investment
The United Arab Emirates is abolishing lenient sentences for so-called honor killings, loosening alcohol restrictions and lessening the sway of Islamic law over foreigners.
China Extends Reach in the Caribbean, Unsettling the U.S.
The region has strategic importance as a hub for logistics, banking and commerce. It is also very close to the United States.
E.U. Tells Cyprus and Malta to Abandon ‘Golden Passports’
The two countries have raised billions of euros by selling thousands of coveted travel documents, even in some cases granting citizenship to foreigners fleeing arrest warrants.
Cyprus Ends ‘Golden Passport’ Program After Corruption Accusations
An investigation into an initiative that grants citizenship to wealthy foreign investors appeared to show lawmakers helping to arrange a passport for a businessman despite being told he was a convicted criminal.
Protests Spread Across Indonesia Over Jobs Law
The government hopes the measure will draw investment. Opponents say the move to slash regulations will harm workers and the environment.
Indonesia’s Parliament Approves Jobs Bill, Despite Labor and Environmental Fears
Parliament moved up a vote on the coronavirus stimulus bill after unions called for a national strike. Critics say it will relax rules to prevent deforestation and protect workers.