AGP Executive Report
Last update: 9 hours agoForeign Investment: Samoa’s Foreign Investment Amendment Bill 2026 cleared its second reading, tightening rules on who counts as a foreign investor, adding beneficial-owner disclosure, and requiring foreign investors to register before investing. It also sets “reserved activities” for Samoan citizens (including public transport, rental-car services, retailing certain products, sawmilling, and traditional elei design/printing) and adds trust reporting duties within 14 working days. Development Finance: Deputy Prime Minister and Finance Minister Mulipola Anarosa Ale Molioo met World Bank Division Director Tatiana Proskuryakova to review Samoa’s development priorities, progress on current projects, and implementation hurdles, including the Samoa Climate Resilient Transport Project. Climate & Water: Samoa’s Natural Resources and Environment Ministry says El Niño is established, with a 60–70% chance of below-normal rainfall and higher heat risk—raising concerns for water supplies, farming, livestock stress, and wildfire likelihood. Agriculture Research: USP PhD work on ant-plant farming in Fiji points to sustainable agriculture breakthroughs, including disease suppression via plant-microbe partnerships. Regional Business: Samoa-linked SIDS momentum continues as the Maldives hosts major island investment forums later this month, drawing 200+ participants from 30+ countries.
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