Democratic Party MP proposes new law to filter foreign investments in Albania

Democratic Party MP Jorida Tabaku has introduced a new law aimed at enhancing the control and filtering of foreign investments in Albania, with the goal of protecting national security and improving the business climate. The proposed legislation seeks to prevent investments from hostile countries that may pose risks to Albania’s economy and stability.

Why is this significant: Tabaku’s initiative comes in response to increasing geopolitical concerns and growing international pressure to improve Albania’s business environment. She emphasized that it is crucial for Albania to establish high standards and ensure that foreign investments align with the country’s national interests. This law would help safeguard Albania’s economy from potentially dangerous foreign influences, while attracting serious investors from Western nations.

Context: The global political landscape and signals from Albania’s international partners have spurred the need for such legislation. Tabaku highlighted the importance of international cooperation, noting that Albania’s partners have urged concrete steps to protect the country’s business environment and national security. The law would create a robust mechanism to screen foreign investments and ensure transparency, aligning with European standards that Albania aims to meet.

Tabaku’s argument: Tabaku has long advocated for legal reforms aimed at strengthening Albania’s business climate and regulating foreign investments. She argues that the new legislation will foster a business environment conducive to serious, sustainable investments while deterring those from unfriendly nations or those posing a threat to national security. She stressed that the proposed law will promote transparency and accountability, key elements in ensuring the law’s success.

Tabaku pointed out that Albania cannot afford to let its economy be vulnerable to dubious investments that bring no lasting value. Instead, the country should welcome responsible investors who are committed to Albania’s economic development and job creation.