Image, Trade or International Relations, International Obligations
Image, trade or international relations and international obligations are all factors under section 28(c)(i) of the Overseas Investment Regulations 2005 used in assessing an overseas investment's benefit to New Zealand. There are many ways in which refusal of an application may adversely affect New Zealand's image overseas or its trade or international relations. However, New Zealand will not be at risk of adverse affect merely due to the likelihood of adverse publicity.
Report
If this factor applies the OIO requires a report detailing the extent to which the overseas investment will, or is likely to, adversely affect New Zealand's image overseas or its trade or international relations.
The report should detail:
- a thorough argument detailing the likely adverse affects, and
- evidence that supports the claims made.
If an applicant believes that refusal will result in New Zealand breaching any of its international obligations, they should:
- clearly identify the international obligation they believe will be breached,
- explain how the obligation will be breached,
- provide a copy of the document that establishes the obligation, and
- identify the extent to which the breach of the obligation will impact New Zealand.
