14.9 C
Bucharest
25 March 2019
International trade News

Council greenlights rules on screening of foreign direct investments

The EU will soon have in place a set of new rules to better scrutinise direct investments coming from third countries on the grounds of security or public order.

The Council today adopted a regulation establishing a framework for the screening of foreign direct investments into the EU. This is the first time that the EU is equipping itself with such a comprehensive framework, while its major trading partners already have comparable rules in place.

The EU is and will remain one of the world’s most open places to invest in. The new rules on the screening of investments will ensure that openness goes hand in hand with sensible protection of our strategic assets.

Ștefan-Radu Oprea, Minister for Business Environment, Trade and Entrepreneurship of Romania and President of the Council

https://www.consilium.europa.eu/en/press/press-releases/2019/03/05/council-greenlights-rules-on-screening-of-foreign-direct-investments/

Related posts

Promoting clean vehicles: provisional deal with Parliament

Alexandru Stefan

The Presentation of the Priorities of the Romanian Presidency of the Council of the European Union in the DEVE Committee

Alexandru Stefan

Ensuring basic air connectivity in the event of no-deal Brexit – Council sets its position

Alexandru Stefan