EU Council greenlights rules on screening of foreign direct investments

European Union 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.

EU Council 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.

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

Source:Romania2019.eu