The Act on the Examination of Foreign Investment

The Act on the Examination of Foreign Investment entered into force on 1 May 2021. It introduced an FDI screening mechanism with line with the European Union standards which requires any foreign investor defined as non-EU investor to obtain a permit prior to executing its investment. 

This includes sectors such as: a) production, research, development and innovation of military equipment; b) operators of the critical infrastructure (energy, water, food and agriculture, health, transport, communication and information systems, financial market and currency, emergency services and public administration sectors); c) administrators of the critical information infrastructure relating to information and communication systems and basic service systems, d) manufacturing and development of dual-use items.

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