Investment Policy Monitor
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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.
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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.
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- Hungary - Temporarily tightens FDI screening
Hungary
Temporarily tightens FDI screening
26 May 2020On 26 May 2020, Governmental Decree no. 227/2020 entered into force in Hungary. It introduced a temporary foreign investment screening mechanism applicable to investors from both inside and outside the European Union and will be effective until 31 December 2020. Prior governmental approval is needed in 21 industries, including health care, pharmaceutical, medical device manufacturing, but also some non-medical industries. Approval will be denied, if an investment violates or threatens public security or order, in particular security of supply of basic social needs.
Hungary established its main FDI screening regime in 2018 (effective 1 January 2019) and the new temporary mechanism will operate in parallel as a response to economic challenges posed by the COVID-19 pandemic.
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Type:
- Entry and establishment (Approval and admission)
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Industry:
- Primary (Agriculture, forestry and fishing, Mining and quarrying)
- Manufacturing (Manufacture of food products, beverages and tobacco products, Manufacture of coke and refined petroleum products, Manufacture of chemicals and chemical products, Manufacture of basic pharmaceutical products and pharmaceutical preparations, Manufacture of basic metals, Manufacture of fabricated metal products, except machinery and equipment, Manufacture of computer, electronic and optical products, and electrical equipment, Manufacture of machinery and equipment n.e.c., Manufacture of transport equipment)
- Services (Electricity, gas, steam and air conditioning supply, Water supply, sewerage, waste management and remediation activities, Construction, Wholesale and retail trade, Accommodation and food service activities, Telecommunications, Financial and insurance activities, Public administration and defence; compulsory social security, Human health activities)
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Sources:
- Magyar Közlöny, Magyar Közlöny 2020. évi 120. szám, https://magyarkozlony.hu/dokumentumok/0066531b23d8468d0499df85581054250356213f/megtekintes, 25 May 2020
- Schoenherr, New foreign investments screening rules in Hungary, https://www.schoenherr.eu/publications/publication-detail/new-foreign-investments-screening-rules-in-hungary/, 28 May 2020
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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.