Protective packaging: the EU’s economic security package
The EU plans to tighten controls on homegrown technology. Here's the short version. The longer version is a (rather dry) retelling of the proposed legislation and white paper published last week as the European Economic Security Package (ESP). We provide a (really dry… sorry) summary below, but here are the highlights and interesting points right at the beginning. Because, in this blog (as in life), we are here for the good times, not the long ones. Five great things to please people The new ESP includes plans for the EU to take the following actions: 1. Foreign direct investment review – full inspection The ESP proposes to implement a Regulation to make EU inbound investment screening stronger and more consistent across Member States. We acknowledge that this is an important and potentially necessary task. In fact, we have written another article about these measures here. However, this means that we need to publish a second edition of Foreign Direct Investment…
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