SOUTH KOREA
Foreign Investment to Be Easier: In a move to lure capital, the government will ease regulations on foreign investment in South Korea. The move followed a government analysis that concluded that a deteriorating business environment has been driving investors to Asian competitors. The Finance Ministry said it mapped out a far-reaching plan to induce more foreign investment. Among other things, it calls for easing regulations requiring government evaluation of potential investors. Currently, foreign projects of $5 million or more must get prior evaluation.
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