It should be read in conjunction with the national security factors already set out in section 721(f) of the CFIUS statute, and with the understanding that these lists of factors are illustrative. does not change CFIUS processes or legal jurisdiction. The Order also acknowledges the importance of continuous improvements to the foreign investment review process and directs CFIUS to continue to regularly review its processes, practices, and regulations to ensure that they remain responsive to evolving national security threats. provides direction to CFIUS by elaborating on existing statutory factors and adds several national security factors for CFIUS to consider during its review process. supply chain resilience-to ensure that the United States’ national security tools and objectives are consistent and mutually reinforcing. technological leadership, protecting Americans’ sensitive data, and enhancing U.S. More broadly, this Order explicitly ties CFIUS’ role, actions, and capabilities with the Administration’s overall national security priorities-including preserving U.S. national security, and seeks to ensure that CFIUS remains an effective tool to combat these threats now and in the future. The Order explicitly recognizes that some countries use foreign investment to obtain access to sensitive data and technologies for purposes that are detrimental to U.S. since CFIUS was established in 1975 to provide formal Presidential direction on the risks that the Committee should consider when reviewing a covered transaction. national security, evolves, the review process of the Committee on Foreign Investment in the United States (CFIUS, or the Committee) also must evolve. As the national security environment, including the behavior of countries and individuals that seek to impair U.S. The United States therefore maintains a robust foreign investment review process to identify and address such risks. However, the United States has long recognized that certain investments in the United States from foreign persons, particularly those from competitor or adversarial nations, can present risks to U.S. The United States’ commitment to open investment is a cornerstone of our economic policy, benefits the millions of American workers employed by foreign firms operating in the United States, and helps to maintain our economic and technological edge. Get Involved Show submenu for “Get Involved””įirst-Ever Presidential Directive Defining Additional National Security Factors for CFIUS to Consider in Evaluating Transactions.The White House Show submenu for “The White House””.Office of the United States Trade Representative. Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.Administration Show submenu for “Administration””.
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