Eyeing China, France mulls foreign investment screenings in raw materials sector – EURACTIV
France is considering implementing foreign investment screenings in its raw materials sector, with a focus on China. This move comes as part of efforts to protect its strategic assets from potential takeovers by foreign entities.
The French government is eyeing China as a key player in the global raw materials market, particularly in sectors such as rare earth minerals and metals. These materials are crucial for the production of high-tech products, making them vital for France’s economy and national security.
By screening foreign investments in the raw materials sector, France aims to prevent any potential threats to its supply chain and technological independence. This measure is part of a broader trend among European countries to tighten regulations on foreign investments, especially from countries like China.
While France remains open to foreign investments, it is also cautious about protecting its strategic assets. The proposed screenings in the raw materials sector reflect a growing concern about the influence of foreign entities in critical industries.
Overall, France’s consideration of foreign investment screenings in the raw materials sector is a proactive step towards safeguarding its national interests and economic security. It remains to be seen how this measure will be implemented and its impact on the country’s investment landscape.