Exon-Florio 'Safe Harbour' Threatened

A law authorising the US President to review foreign direct investment on national security grounds – little known inside or outside the United States until the Dubai Ports World Affair of 2006 – is now undergoing further scrutiny. Recent US Congressional activity and developing trends in the administration of the review process could undermine the traditional US posture of openness towards foreign investment and highlight the risks of uncertainty for foreign direct investors in the United States.

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