EU Framework for Screening Foreign Direct Investment Agreed in Principle

EU Framework for Screening Foreign Direct Investment Agreed in Principle

December 13, 2018, Covington Alert

The first EU-level rules on the screening of foreign direct investment (FDI) are about to be agreed. These do not provide for the direct screening of FDI by the institutions of the Union, but rather create a framework for national initiatives and the exchange of information, and impose certain obligations on Member States to ensure a certain harmonization of any national rules for FDI screening.