The Investment Screening Regulation took effect on Wednesday 10 April, opening an 18-month period during which the Commission and Member States will take the necessary measures to fully implement the Regulation from 11 October 2020.
The mechanism was the subject of an interinstitutional agreement in November 2018 (see EUROPE 12141/21).
Over the course of this year and a half, Member States and the Commission will set up the EU cooperation mechanism, enabling them to exchange information and share concerns about specific foreign direct investments (FDI).
More specifically, they will therefore work to create formal contact points to enable this cooperation, through secure channels to ensure the exchange of FDI information and the establishment of procedures to enable Member States and the Commission to react quickly to FDI-related problems and issue opinions.
Finally, the mechanism will also allow for further political cooperation on FDI screening with the non-Member States concerned. (Original version in French by Hermine Donceel)