Spy agencies sought govt's foreign new investment 'call-in' powers

Tue, 19 Nov 2019

New Zealand's spies advised the government to give itself new powers to 'call in' applications by foreign investors for military and other national security assets, and privately-owned news media, Associate Finance Minister David Parker says.Asked by journalists whether intelligence agencies recommended this part of a raft of extensions to foreign investment screening rules covering monopoly and vital infrastructure assets, Parker said: "Yes.""The call-in power for dual-use technologies, for example, that was something the security agencies wer...

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