{"id":34281,"title":"Event | The Rise of Outbound Investment Screening: Towards a New Tool of Economic Security?","link":"https:\/\/bst-europe.eu\/de\/economy-security-trade\/eu-strategic-toolbox-talk-online-the-rise-of-outbound-investment-screening-towards-a-new-tool-of-economic-security\/","date":"13. M\u00e4rz 2024","date_unix":1710321272,"date_modified_unix":1747996878,"date_iso":"2024-03-13T09:14:32+00:00","content":"
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It is our pleasure to invite you to our online discussion and cordially request your active participation.<\/strong><\/p>\n

This event continues our online event series EU Strategic Toolbox Talks. In our Toolbox Talks, we are focusing on existing and upcoming EU instruments aimed at managing critical dependencies and strengthening the EU\u2019s sovereignty and external economic governance.<\/p>\n

These instruments form an important basis for fostering the EU\u2019s capability to act in a global environment increasingly shaped by geopolitical tensions and systemic rivalries.<\/p>\n

Please be aware that this session will be held under\u202fChatham House Rule<\/strong><\/p>\n

EU Strategic Toolbox Talk (online):<\/strong><\/p>\n

The rise of outbound investment screening: Towards a new tool of economic security?<\/strong><\/p>\n

Wednesday, March 20th, 5:00 \u2013 6:00 pm CET\/ 12:00 \u2013 1:00 pm EDT<\/strong><\/p>\n

An online discussion with:<\/p>\n

David Wertime<\/strong>, Senior Policy Advisor, U.S. Department of the Treasury<\/p>\n

Peter Sandler<\/strong>,\u202fDirector, DG Trade \u2013 Directorate Trade and Security,<\/p>\n

European Commission<\/p>\n

Sofia Bournou<\/strong>, Senior Adviser, BusinessEurope<\/p>\n

Cora Jungbluth<\/strong>,\u202fSenior Expert China and Asia Pacific, Bertelsmann Stiftung<\/p>\n

Moderator:<\/p>\n

Mark Fischer<\/strong>,\u202fSenior Project Manager, Bertelsmann Stiftung<\/p>\n

Outbound investment screening has emerged as a new and much discussed tool of national and economic security among G7 members. The United States issued an executive order on outbound screening in August 2023 with the explicit goal to develop a legislative proposal for outbound investment screening.<\/p>\n

The European Union published an informal, non-binding \u201cWhite Paper on Outbound Investments\u201d in January 2024. With this White Paper, the Commission pursues the goal of making a thorough risk assessment on outbound investment and related security issues through a public consultation process. The decision on whether such an instrument is needed will probably be made only after the process will be completed in autumn 2025.<\/p>\n

The introduction of outbound investment screening is a contested issue, especially in market economies. On the one hand, it implies strong state interference in corporate decision-making. On the other hand, the transfer of technology with a strong dual-use character to third countries is not completely covered by export controls. Therefore, a new tool might be needed to address technology transfer through outbound investments.<\/p>\n

We would like to address the following questions in our upcoming toolbox talk on outbound investment screening:<\/p>\n