Posted inPacific News

Vanuatu reviews ‘passports for sale’ scheme over EU worries

PORT VILA, 24 OCTOBER 2019 (FINANCIAL TIMES) — Vanuatu is reviewing its “passports for sale” scheme over concerns that inadequate scrutiny of the mainly Chinese applicants risks undermining the visa-free access it enjoys with the EU. Since it was launched in 2016, the citizenship programme has generated more than US$200million in government revenue for Vanuatu, […]

Posted inTop Stories

FIB says proposed call center project inconsistent with company’s FIAC

The Foreign Investment Board (FIB) revealed that the plan by a Chinese insurance company to build a call center facility in Melekeok State is outside the scope of the Foreign Investment Approval Certificate (FIAC) issued to it in January 2017. FIAC No. 609-2017, which was issued to Chinese company GT Insurance Inc., was granted to […]

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