The Cabinet of Ministers of Ukraine has adopted a resolution establishing an Interagency Commission on the screening of foreign direct investment.
The decision is aimed at introducing a mechanism to assess the impact of foreign direct investment on Ukraine’s national security under martial law.
“The launch of a foreign direct investment screening mechanism will enable the state to timely assess potential risks to national security and make balanced decisions on attracting capital into strategic sectors of the economy. This is an important step toward protecting state interests and creating a secure investment environment. The Interagency Commission will submit proposals and recommendations to the Government of Ukraine, ensure transparency in the assessment and analysis of foreign investment, and prevent potential risks of unilateral decision-making and lobbying of individual sectoral interests. This practice is in line with EU policies,” said Oleksii Sobolev, Minister of Economy, Environment and Agriculture of Ukraine.
The resolution provides for the approval of the Regulations on the Interagency Commission and its membership. The Commission will be co-chaired by the Minister of Economy, Environment and Agriculture of Ukraine and the First Deputy Secretary of the National Security and Defense Council of Ukraine.
Adoption of the resolution will ensure effective coordination among public authorities in assessing the impact of foreign direct investment on Ukraine’s national security.
