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EU Adopts New Criteria for Screening Foreign Investment, Including Export Controls

The European Union is implementing new criteria for screening foreign investment in the EU that includes effects on critical technologies and dual-use items defined in EU export control regulations, it said in a notice issued March 21. The regulation mirrors…

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

U.S. Committee on Foreign Investment in the United States (CFIUS) requirements currently being implemented that relate to “emerging technologies” as defined in Bureau of Industry and Security export control regulations. Specific technologies named in the new EU regulation include artificial intelligence, robotics, semiconductors, cybersecurity, aerospace, defence, energy storage, quantum and nuclear technologies as well as nanotechnologies and biotechnologies.