Mechanism of considering investments to be regulated by law in Moldova

Chisinau, 28 October /MOLDPRES/ - The mechanism of examining investments will be regulated by law. The parliament approved a draft law to this effect in the first reading today.   

The draft establishes the conditions for making investments in sectors of importance for the state’s security, as well as the mechanisms of supervising these investment activities.

The document defines the fields of strategic importance for the state’s security. Among them, there is the providing of communication services, management of the state’s public registers, management of the radioactive waste, activities of ensuring the aviation security, mass media and audiovisual services, carrying out works with impact on the hydro-meteorological and geophysical phenomena.  

At the same time, the private people and legal entities, including the foreign ones, who were involved in activities of money laundering or financing terrorism, the ones about whom there is a justified risk that they might carry out illegal activities, who were sentenced for corruption acts or under criminal prosecution, will not be able to make investments in the sectors of importance for the state’s security.

The draft sets also the powers of the council for the promotion of investment projects of importance for the state’s security, which is a collegial body of the government.   

Photo: Parliament