Allied High Commission for Germany

Anonymous

International Organization, 1950, vol. 4, issue 4, 704-706

Abstract: Council Action: Following approval in principle by the Council of the Allied High Commission on May 31, 1950 of the progressive relaxation of existing restrictions on foreign investment in Germany, the Council approved on June 15 the detailed procedure prepared by its financial advisers for the first stage in the process of relaxation. The new opportunities to be granted to foreign owners of property and funds in Germany and to foreigners wishing to bring new capital into Germany had been discussed earlier with the Federal finance minister and with representatives of the Benelux governments. Further measures of liberalization and relaxation were to be introduced in the light of the experience gained in the operation of the new procedure.

Date: 1950
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