EU Strengthens Screening of Investments From Foreign Countries

EU strengthens screening of investments from foreign countries

The European Parliament and EU member states are taking steps to prevent rivals like China from “weaponising” their investments.

EU reaches deal to screen incoming foreign investments

New rules on screening foreign direct investments seek to keep strategic technology and critical infrastructure out of hostile hands.

EU reaches deal to heighten foreign investment screening

It will also set a baseline EU standard for reviewing such investments, which does not currently exist

Agreement on enhanced tools to protect EU strategic sectors from risky foreign investments

Screening to be mandatory for all member states, with a minimum sectoral scope, including defence, semiconductors and financial services Improved cooperation mechanism among Member States and harmonisation of procedures European Commission commits to take an initiative on conditioning foreign investments BRUSSELS, Belgium – On Thursday, MEPs and the Council reached a provisional agreement updating EU rules on the screening of foreign investments…