The European Commission has issued a Recommendation urging EU Member States to review outbound investments by their companies in non-EU countries, particularly in semiconductors, artificial intelligence, and quantum technologies—three strategic sectors posing the highest risks to economic security. The objective is to assess potential threats arising from such investments and determine whether further regulatory action at the EU or national level is necessary.
This initiative is part of the broader EU Economic Security Strategy and follows a White Paper and public consultation, which highlighted the need for vigilance over outbound investments. It aligns with ongoing measures such as inbound foreign direct investment (FDI) screening and emphasizes cooperation with international allies to safeguard critical technologies and prevent their misuse.
Under the Recommendation, Member States must conduct a 15-month review covering past and ongoing investments since 1 January 2021. The Commission’s Expert Group on Outbound Investments will provide guidance on risk assessment methodologies. Progress reports are due by 15 July 2025, with a final comprehensive report on implementation and identified risks required by 30 June 2026.
Follow