EU Commission’s New Outbound Investment Recommendation: The Embryo of a New Screening Regime?
On 15 January 2025, the European Commission (Commission) adopted a recommendation inviting Member States to review investments made by domestic companies into third countries (so-called “outbound investments”). The recommendation aligns with similar mechanisms adopted in other countries, (e.g. the US Department of the Treasury’s Outbound Investment Security Program), and is part of a broader strategy…