The European Parliament approved on Thursday (14 February) the proposal to screen foreign investment at EU level, clearing the path for closer monitoring of third country companies willing to invest in EU’s critical sectors.
The President of Kazakhstan Nursultan Nazarbayev has re-shuffled the cabinet, appointed a new foreign minister and given this ministry new powers and responsibilities, especially for attracting new foreign investment.
Lawmakers in the European Parliament approved on Monday (28 May) a far-reaching proposal calling for greater scrutiny of foreign investments, part of a bid to respond to a flurry of Chinese acquisitions in the European Union.
The European Commission is “closely examining” the option of filing complaints against China before the World Trade Organization for their rules and practices on intellectual property, a spokesperson told EURACTIV on Wednesday (4 April).
Strong domestic consumption and a helping hand to exports from a weaker pound have sustained the growth of the British economy. But a downturn in investment paints a darker picture for the future. EURACTIV France reports.
The EU is ready to keep pushing for an investment agreement with China, but not without getting reassurance from Beijing that it is serious about fair trade. Until then, Brussels will keep brandishing the stick of trade defence instruments.