The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID Era
After the limbo caused by the COVID-19 pandemic, Chinese investments have picked up in the first quarter of 2023. Investments through China’s Belt and Road Initiative are carried out by approaching potential participants individually, or via dedicated platforms outside the EU’s legal and institutiona...
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| Format: | Article |
| Language: | English |
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Center for Europe, Warsaw University
2023-09-01
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| Series: | Studia Europejskie |
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| Online Access: | https://journalse.com/the-eu-framework-for-the-screening-of-foreign-direct-investment-as-a-response-to-the-belt-and-road-initiative-in-the-post-covid-era/ |
| _version_ | 1797333681766924288 |
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| author | Jakub Kociubiński |
| author_facet | Jakub Kociubiński |
| author_sort | Jakub Kociubiński |
| collection | DOAJ |
| description | After the limbo caused by the COVID-19 pandemic, Chinese investments have picked up in the first quarter of 2023. Investments through China’s Belt and Road Initiative are carried out by approaching potential participants individually, or via dedicated platforms outside the EU’s legal and institutional framework. Thus, the EU Framework for the Screening of Foreign Direct Investment – which is likely to get its so-called “baptism of fire” after its COVID-induced hibernation – can be seen as an implicit response to said Chinese initiative. This framework should be considered a message directed simultaneously towards foreign actors, discouraging them from attempting to carry out investments in the EU with the intention of bypassing the relevant European rules, and also towards Member States, cautioning them against facilitating such operations. The author will argue that the regulatory model has too many in-built unknowns that could prevent the framework from achieving its objectives. |
| first_indexed | 2024-03-08T08:08:29Z |
| format | Article |
| id | doaj.art-68ca8e802bdc4e6f9a3eec7f798b9fbd |
| institution | Directory Open Access Journal |
| issn | 1428-149X |
| language | English |
| last_indexed | 2024-03-08T08:08:29Z |
| publishDate | 2023-09-01 |
| publisher | Center for Europe, Warsaw University |
| record_format | Article |
| series | Studia Europejskie |
| spelling | doaj.art-68ca8e802bdc4e6f9a3eec7f798b9fbd2024-02-02T09:47:08ZengCenter for Europe, Warsaw UniversityStudia Europejskie1428-149X2023-09-012738710410.33067/SE.3.2023.5The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID EraJakub Kociubiński0https://orcid.org/0000-0002-4391-7439University of WrocławAfter the limbo caused by the COVID-19 pandemic, Chinese investments have picked up in the first quarter of 2023. Investments through China’s Belt and Road Initiative are carried out by approaching potential participants individually, or via dedicated platforms outside the EU’s legal and institutional framework. Thus, the EU Framework for the Screening of Foreign Direct Investment – which is likely to get its so-called “baptism of fire” after its COVID-induced hibernation – can be seen as an implicit response to said Chinese initiative. This framework should be considered a message directed simultaneously towards foreign actors, discouraging them from attempting to carry out investments in the EU with the intention of bypassing the relevant European rules, and also towards Member States, cautioning them against facilitating such operations. The author will argue that the regulatory model has too many in-built unknowns that could prevent the framework from achieving its objectives.https://journalse.com/the-eu-framework-for-the-screening-of-foreign-direct-investment-as-a-response-to-the-belt-and-road-initiative-in-the-post-covid-era/foreign direct investmentsecurityinternal marketeu law |
| spellingShingle | Jakub Kociubiński The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID Era Studia Europejskie foreign direct investment security internal market eu law |
| title | The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID Era |
| title_full | The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID Era |
| title_fullStr | The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID Era |
| title_full_unstemmed | The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID Era |
| title_short | The EU Framework for the Screening of Foreign Direct Investment as a Response to the Belt and Road Initiative in the Post-COVID Era |
| title_sort | eu framework for the screening of foreign direct investment as a response to the belt and road initiative in the post covid era |
| topic | foreign direct investment security internal market eu law |
| url | https://journalse.com/the-eu-framework-for-the-screening-of-foreign-direct-investment-as-a-response-to-the-belt-and-road-initiative-in-the-post-covid-era/ |
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