The visit of the President of the European Commission to Washington is also about strategic investments.
(Photo: dpa)
Berlin, Brussels, Washington When US President Joe Biden receives EU Commission President Ursula von der Leyen in the White House on Friday, in addition to the Ukraine war and the transatlantic dispute over climate subsidies, there will also be an issue on the agenda that has so far only been known to experts and yet will have far-reaching consequences for them Economy might have: Outbound Investment Screening.
The unwieldy term hides the idea that in times of growing geopolitical tensions, not only domestic investments have to be examined, but also investments abroad. As a rule, it is not only capital that flows with them, but also technology and know-how.
In the first step, outbound investment screening, i.e. an outward investment control, would oblige European companies, for example, to report certain investments in critical areas abroad to a government agency. In a second step, certain investments could then also be prohibited in extreme cases.
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