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EU foreign investment screening mechanism becomes fully operational

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The EU framework for screening of foreign direct investment (FDI) became fully operational on 11 October. Following the formal entry into force of the FDI Screening Regulation in April 2019, the Commission and member states have worked on putting in place the necessary operational requirements for the full application of the regulation. This process is now concluded and results in an effective coordination framework instrumental in preserving Europe's strategic interests while keeping the EU market open to investment.

Executive Vice President Valdis Dombrovskis said: “The EU is and will remain open to foreign investment. But this openness is not unconditional. To respond to today's economic challenges, safeguard key European assets and protect collective security, EU Member States and the Commission need to be working closely together. If we want to achieve an open strategic autonomy, having an efficient EU-wide investment screening cooperation is essential. We are now well equipped for that.”

For more information, see a full press release and FAQs.

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