European parliament endorses new screening rules for foreign investment in EU - Caribbean News Global
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6 Articles
The Ministry of Foreign Affairs' draft law on Foreign Direct Investment (FDI) aims to establish a control mechanism for FDI in sensitive sectors, which may affect the security or public order of the EU.
The European Parliament has adopted a new regulation to control foreign direct investment, a project which, if accepted by the EU Council, should strengthen the control of foreign interference on European soil.
European parliament endorses new screening rules for foreign investment in EU - Caribbean News Global
BRUSSELS, Belgium – On Thursday, MEPs adopted revised rules to prevent security risks from foreign investments. Under the new rules, sectors such as media services, critical raw materials and transport infrastructure will be subject to mandatory screening by member states, in order to identify and address foreign investment-related security or public order risks. The procedures applicable to national screening mechanisms will be harmonised and t…
The European Parliament voted on Thursday on new rules aimed at stricter control of foreign investments, which are intended to better screen out security and public order risks.
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