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Regulation (EU) 2019/452 establishing a framework for the screening of foreign direct investments into the Union.

Country/Territory
European Union
Document type
Legislation
Date
2019
Source
FAO, FAOLEX
Original source
Official Journal of the European Union L 79, 21 March 2019, pp. 1-14.
Subject
Environment gen., Food & nutrition
Keyword
Business/industry/corporations Energy conservation/energy production Internal trade International trade Food security
Geographical area
European Union Countries
Entry into force notes
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union and shall apply from 11 October 2020.
Abstract

This Regulation lays down rules for establishing the screening mechanisms of foreign direct investments into the Union by Member States and strengthening the cooperation among Member States themselves and with the Commission, with the aims of enhancing its competitiveness, creating jobs and economies of scale, bringing in capital, technologies, innovation, expertise, and opening new markets for the Union's exports. Member States and the Commission may consider the potential effects of a foreign direct investment on supply of critical inputs, including energy or raw materials, as well as food security, while determining whether a foreign direct investment is likely to affect security or public order. The Commission shall be responsible for the evaluation of the functioning and effectiveness of this Regulation and reporting to the European Parliament and to the Council.

Full text
English
Website
eur-lex.europa.eu