Investment Policy Monitor
from
to
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share
- Home >
- Investment Policy Monitor
Investment Policy Measures
27 results
Brazil
09 Aug 2023New incentives for rail investment projects
On 9 August 2023, the Economic Policy Council of Brazil, Confaz, approved a proposal from the Ministry of Transport to grant an exemption from the ICMS tax for railway projects. The ICMS tax ( Imposto sobre Circulação de Mercadorias [...]
Brazil
15 Jun 2022Regulates exploitation of offshore wind energy production
On 25 January 2022, the Brazilian government issued Decree No. 10.946/2022, which provides rules for allocating the use of physical spaces and natural resources in open waters for energy production. The decree will come into effect [...]
Brazil
18 Mar 2022Reduces tax rates on foreign exchange transactions
On 15 March, the Brazilian Government issued Decree No. 10.997, which gradually reduces the tax rate of the "Imposto sobre Operaçoes Financeiras" (IOF), a tax on certain foreign exchange operations. Under current legislation, tax [...]
Brazil
21 Jun 2021Partially privatizes an electricity utilities State-owned company
On 21 June 2021, the National Congress of Brazil approved new legislation allowing for a partial privatization of a State-owned enterprise from the energy sector. The new legislation (entitled Provisional Measure No.1031/2021) mandates [...]
Brazil
14 Apr 2021Privatizes operation of airports, maritime ports and rail lines
On 9 April 2021, the Brazilian government concluded privatization auctions to award operation contracts for several transport infrastructures in different regions, previously operated by state-owned enterprises. As a result, concession [...]
Brazil
27 Sep 2019Simplifies procedures for foreign investors in financial sector
On 27 September 2019, the Presidential Decree no. 10,029 entered into force. It simplifies the entry procedures for foreign financial institutions willing to open branches in Brazil or foreign investors wanting to invest in the financial [...]
Brazil
23 Sep 2019Regulates dispute settlement procedures for major infrastructure contracts between public administration and private contractors
On 20 September 2019, the government enacted Decree Nº 10.025, which enables the use of arbitration as a dispute settlement mechanism for commercial disputes related to major infrastructure projects. The text came into effect on 23 [...]
Brazil
17 Jun 2019Opens domestic air transport services market to foreign-owned operators
On 17 June 2019, the government issued Law Nº 13.842 that modifies the Brazilian Code of Aeronautics of 1986. The new legislation removes previous limitations to foreign ownership of domestic air carriers. The new law came into effect [...]
Brazil
13 Dec 2018Allows 100 per cent of foreign capital in airlines
On 13 December 2018, Brazil adopted a temporary decree allowing Brazilian airlines to have 100 per cent participation of foreign capital. This lifted the previous 20 per cent limit on foreign investment in Brazilian airlines. [...]
Brazil
11 Apr 2017Lowered local content requirements for the oil industry to 50 per cent
On 11 April 2017, the National Energy Policy Council of Brazil (CNPE) approved the realization of the 3rd round of bidding under the production sharing scheme for off-shore pre-salt oil fields. It also relaxed local purchasing rules [...]
Brazil
16 Mar 2017Privatizes four airports
On 16 March 2017, Brazil awarded three European groups the rights to operate four airports. The companies committed to investing at least 6.61 billion Reais in the airports and to paying the government an additional 2.26 billion Reais [...]
Brazil
29 Nov 2016Opens offshore oilfields to foreign investment
On 29 November 2016, Brazil adopted changes to the structure of it’s pre-salt oil industry, opening the door to increased foreign investment. The old law required the national oil company, Petrobras, to be the sole operator of all [...]
Brazil
24 Nov 2016Simplifies registration of foreign direct investment
On 24 November 2016, the Central Bank of Brazil issued Resolution No. 4,533 of the National Monetary Council, which modifies Resolution 3,844 of 23 March 2010, with the purpose of simplifying the registration of Foreign Direct Investment. [...]
Brazil
25 Jun 2016Repeals foreign ownership restrictions of domestic airlines
On 25 June 2016, Brazil’s President vetoed a law that would have abolished foreign ownership restrictions of domestic airlines. The veto also led to an unwinding of a lesser liberalization that had been passed through Provisional Measure [...]
Brazil
02 Mar 2016Raises foreign ownership limit on airlines from 20 to 49 per cent
Through Provisional Measure No. 714, issued on 1 March 2016 and effective 2 March 2016, Brazil relaxed restrictions on foreign ownership in domestic airlines. The measure – which needs to be confirmed by National Congress – increases [...]
Brazil
20 Jan 2015Liberalization of foreign investment in the healthcare sector
On 20 January 2015, Law No. 13097, of 19 January 2015 (Law 13097/2015), entered into force. The law alters previous foreign investment regulations in the healthcare sector (Law no. 8.080/90), by permitting the full participation of [...]
Brazil
01 May 2013Approves tax credit for ethanol industry
The Government announced that the PIS/Cofins taxes on ethanol will be cut from 12 percent to almost zero from 1 May 2013. In addition, the mandatory blend of anhydrous ethanol in petrol will be raised to 25 percent. In addition, the [...]
Brazil
07 Dec 2012Extends investment incentives under PSI programme
The Investment Support Programme (Programa de Sustentação do Investimento, PSI) will be extended through 2013. Funds committed by the Government amount to an increase in US $ 85 billion, the amount allocated to finance expenditure [...]
Brazil
03 Oct 2012New tax rebate for the car industry
The Brazilian Government has issued a Decree (7819/12) that regulates the implementation of the Inovar Auto programme, which seeks to promote innovation in the automotive sector through research and development. It focuses on environmentally [...]
Brazil
06 Feb 2012Privatizes three airports
The Government has raised R24.5 billion (US $14 billion) through the auction of three licenses to operate some of Brazil’s busiest airports. Invepar ACSA, a consortium led by local pension funds belonging to employees of state-run [...]
Brazil
16 Dec 2011Grants tax exception for regional car producers
In mid-September, the Government raised the Imposto Sobre Produtos Industrializados (IPI, an industrial products tax) on passenger cars by 30 percent, while at the same time exempted companies that fulfil local content requirements [...]
Brazil
02 Dec 2011Ends tax on financial transactions related to foreign investments in stocks
The Government reduced to zero the tax on financial transactions related to certain forms of foreign investment, including: 1) transfers of funds from abroad to be held in equities on the stock exchange or futures and commodities exchange, [...]
Brazil
12 Sep 2011Lifts 49 per cent ownership cap on foreign ownership of TV cable operators
Brazil has approved a law lifting the 49 percent cap on foreign ownership of cable operators. The law furthermore entitles telecom operators to offer combined packages including voice, broadband and TV services. With the law, the Government [...]
Brazil
22 Aug 2011Auctions first airports
On 22 August 2011, Brazil auctioned rights to the first major airport to be operated by a private company. Brazil's growing demand for air travel—which expanded 23 percent last year—has put a strain on the country's airports. Ms. Rousseff [...]
Brazil
01 Apr 2011Adopts new reinsurance rules
According to Resolution 224 issued by Brazil's National Council of Private Insurance (Conselho Nacional de Seguros Privados) in December 2010, reinsurers that are authorised to operate within Brazil are prohibited from transferring [...]
-
UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share
