{"id":6000,"date":"2019-04-23T06:42:59","date_gmt":"2019-04-23T11:42:59","guid":{"rendered":"https:\/\/www.iisd.org\/itn\/?p=6000"},"modified":"2024-08-09T18:29:41","modified_gmt":"2024-08-09T16:29:41","slug":"new-eu-framework-on-foreign-investment-screening-to-take-effect-in-april","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2019\/04\/23\/new-eu-framework-on-foreign-investment-screening-to-take-effect-in-april\/","title":{"rendered":"New EU framework on foreign investment screening takes effect in April"},"content":{"rendered":"<p>The European Union\u2019s new framework for screening <span class='tooltipsall tooltipsincontent classtoolTips68'>FDI<\/span> took effect in April 2019, with the text <a href=\"http:\/\/europa.eu\/rapid\/press-release_IP-19-1532_en.htm\">now published<\/a> in the <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span>\u2019s Official Journal. The framework allows both EU member states and the European Commission until October 2020 to enact the changes required.<\/p>\n<p>The new system envisions a 35-day procedure that proponents say would make it easier for the European Commission and member states to work together in assessing whether FDI will have implications for security and public order, while giving the Commission the mandate to publish related opinions on the subject under certain circumstances.<\/p>\n<p>According to an EU Commission <a href=\"http:\/\/trade.ec.europa.eu\/doclib\/docs\/2019\/february\/tradoc_157683.pdf\">factsheet<\/a>, factors that could affect its assessment include whether and how these investments affect \u201ccritical infrastructure, critical technologies, the supply of critical inputs, such as energy or raw materials, access to sensitive information or the ability to control information, or the freedom or pluralism of the media.\u201d Member states without national screening mechanisms are not required to put those in place.<!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips68','foreign direct investment'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips104','responsabilit\u00e9 sociale des entreprises'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script>","protected":false},"excerpt":{"rendered":"<p>The European Union\u2019s new framework for screening <span class='tooltipsall tooltipsincontent classtoolTips68'>FDI<\/span> is due to take effect in April 2019, with the text now published in the <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span>\u2019s Official Journal. The framework allows both EU member states and the European Commission until October 2020 to enact the changes required.<script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips68','foreign direct investment'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script><\/p>\n","protected":false},"author":1,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[1926],"class_list":["post-6000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eu"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/6000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=6000"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/6000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=6000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=6000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=6000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}