Namibia’s foreign investment space is currently governed by the Foreign Investment Act (27 of 1990).
The Foreign Investment Act will soon be replaced by the Namibia Investment Promotion Act (NIPA) which is currently being amended to particularly provide the private sector with greater room for growth, and inspire reinvestment in Namibia.
Different sectors are subject to their enabling legislation, and potential investors are encouraged to familiarise themselves with the sector specific laws and policies, particularly where acquiring permits and licences are prerequisites to doing business.
TRADE AGREEMENTS
Namibia prides herself for having bilateral trade agreements with several counties, such as: Angola, China, Cuba, Austria, Finland, France, Germany, Ghana, India, Italy, Malaysia, the Netherlands, Tunisia, Zimbabwe, Russia, Spain, Switzerland and Vietnam.
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