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International Relations, PUBLICATIONS

EU framework for FDI screening [EU Legislation in Progress]

Written by Gisela Grieger (1st edition),

FDI, acronyms business concept

© kenary820 / Fotolia

On 13 September 2017, the European Commission adopted a proposal for a regulation establishing a framework for screening foreign direct investment (FDI) inflows into the EU on grounds of security or public order. The proposal is a response to a rapidly evolving and increasingly complex investment landscape. It aims to strike a balance between maintaining the EU’s general openness to FDI inflows and ensuring that the EU’s essential interests are not undermined. Recent FDI trends and policies of emerging FDI providers have cast doubt on the effectiveness of the EU’s decentralised and fragmented system of monitoring FDI inflows to adequately address the potential (cross-border) impact of FDI inflows on security or public order without EU-coordinated cooperation among Member States.

The proposal’s objective is neither to harmonise the formal FDI screening mechanisms currently used by less than half of the Member States nor to replace them with a single EU mechanism. It aims to enhance cooperation on FDI screening between the Commission and Member States, to increase legal certainty and transparency.

Member States, stakeholders and academia are divided in their views on the proposal.

Versions

Regulation establishing a framework for screening of FDI into the EU
Committee responsible: International Trade (INTA) COM(2017) 487 of 13.9.2017

procedure ref.: 2017/0224(COD)

Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)

Rapporteur: Franck Proust (EPP, France)
Shadow rapporteurs:

 

 

 

 

 

Emmanuel Maurel (S&D, France)

Joachim Starbatty (ECR, Germany)

Dita Charanzová (ALDE, Czech Republic)

Stelios Kouloglou (GUE/NGL, Greece)

Yannick Jadot (Greens/EFA, France)

Tiziana Beghin (EFDD, Italy)

Next steps expected: Presentation of draft report

Discussion

2 thoughts on “EU framework for FDI screening [EU Legislation in Progress]

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  1. Pingback: EU framework for FDI screening [EU Legislation in Progress] | Vatcompany.net - January 23, 2018

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The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. Copyright © European Union, 2014. All rights reserved

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