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Should countries have special rules for acquisitions of natural resource companies by foreign-based companies?

Should countries have special rules for acquisitions of natural resource companies by foreign-based companies?

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Answer #1

Yes, countries should have special rules for acquisitions of natural resource companies by foreign-based companies.

Explanation:

Natural resources of a country are to be used in the best interests of a country. If foreign based companies are allowed the right to use them directly or through acquisitions of natural resource companies, then this objective may not be achieved as, foreign based companies would have other priorities. Hence, there should be special rules for governing such acquisitions.

However, there could be separate conditions for items of special importance and other items.

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