CHAPTER THREE
OPERATION OF BUSINESS
ENTITIES
WITH FOREIGN INVESTMENT
Article 14. Authority of the Ministry of Trade and Industry Relating to Implementation of Foreign Investment Policy.
The Ministry of Trade and Industry with regard to foreign investment policy shall be authorized to:
(i) supervise the implementation of foreign
investment legislation;
(ii) request assessments referred to in paragraph
4 of Article 12 of the present Law;
(iii) invite offers against tender
projects involving foreign investment;
(iv) make selections from proposed foreign
investment projects;
(v) grant approval to or reject the establishment
of a business entity with foreign investments;
(vi) suspend or terminate the operations
of the business entity with foreign investment;
(vii) any other rights conferred by law.