EU reaches provisional deal on screening foreign investment
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The European Union has reached a provisional agreement to revise its foreign investment screening regulations, requiring all member states to screen investments in sensitive sectors like defense, AI, and critical minerals. The aim is to protect economic security and reduce reliance on countries like China. The European Commission can provide opinions, but screening decisions are made by individual member states. The agreement aims to balance security with maintaining the EU as an attractive investment destination.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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