Andean Group: Commission Decision 220 Replacing Decision 24, The Common Foreign Investment and Technology Licensing Code

1988 ◽  
Vol 27 (4) ◽  
pp. 974-988
Author(s):  
John R. Pate
Author(s):  
Luis M. Hinojosa-Martínez

Since the Treaty of Lisbon introduced ‘foreign direct investment’ into the provisions on the common commercial policy of the European Union (EU), the scope of that competence has raised a lively debate. Much less attention, however, has been paid to the rules on the free movement of capital in the Treaty on the Functioning of the European Union, although this area is highly relevant to clarify the blurred boundaries of the EU’s competence concerning foreign investment. This article reviews arguments from the chapter on the free movement of capital and from the recent European practice and case-law to shed light on the debate about the competence on foreign investment. It also depicts the circumstances in which the Court of Justice has to deliver its Opinion on the EU competence to sign and conclude the EU-Singapore Free Trade Agreement.


2018 ◽  
Vol 10 (1) ◽  
pp. 164
Author(s):  
Carlos Esplugues Mota

Resumen: Las inversiones extranjeras han aumentado de forma constante en las últimas décadas. Sin embargo, la crisis financiera y el protagonismo de algunas economías emergentes, esencialmente China, están afectando a su vitalidad. No puede hablarse todavía un cambio de tendencia, pero sí se constata una actitud de creciente prevención, cuando no de rechazo, hacia ellas. La introducción de mecanismos de control de las inversiones extranjeras refleja este cambio de actitud. La situación alcanza una particular relevancia en el seno de la UE debido, entre otros extremos al estado embrionario de la política de inversiones común La Propuesta de Reglamento de 2017 estableciendo un marco para la evaluación de las inversiones extranjeras directas en UE cumple la doble función de poner de manifiesto la relevancia del tema y de aportar un primer texto para el debate.Palabras clave: Inversiones extranjeras directas, control de inversiones extranjeras, seguridad nacional, política común europea de inversiones, mecanismos de control de inversiones extranjeras.Abstract: Foreign investment flows have increased steadily in the last decades, although the financial crisis and the role played by certain emerging economies, mainly PRC, are negatively influencing them. A change of trend is not ascertainable yet, but some backlash against foreign direct investment exists in particular countries. The development of mechanisms of control of foreign investment shows this change of attitude. The situation is especially relevant in the European Union because of the embryonic condition of the Common Investment Policy. The publication of the Proposal for a Regulation establishing a framework for screening of foreign direct investments into the European Union reflects the relevance of the topic at the same time that offers a first text for debate.Keywords: Foreign Direct Investment, Control of Foreign Direct Investment, National Security, Common Commercial and Investment Policy, Screening systems of evaluation of foreign direct investment.


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