1、 Note:This IPM was prepared by Vicente Guazzini,Anastasia Leskova and Massimo Meloni under the supervision of Joerg Weber and the overall guidance of James Zhan.This document can be freely cited provided appropriate acknowledgement is given to UNCTAD.It has not been formally edited.SPECIAL ISSUE 9 S

2、EPTEMBER 2022 IPM HIGHLIGHTS THE EVOLUTION OF FDI SCREENING MECHANISMS key trends and features At least 37 countries introduced a regulatory framework for the screening of investments on national security grounds since 1995.Key objectives included harmonizing or codifying dispersed provisions and pr

3、actices on FDI entry,enhancing the protection of sensitive sectors from foreign takeovers,and ensuring sufficient publicity and visibility of the relevant regimes.Investment screening for national security was adopted predominantly by developed economies from Europe(22 out of 37),while the remainder

4、 of the schemes were adopted by a few developed and developing countries in other regions:9 countries in Asia,2 in North America,2 in Oceania,1 in Latin America and 1 in Africa.The trend towards the adoption or revision of FDI screening mechanisms accelerated in the second half of the 2000s,particul

5、arly after the global economic crisis,and reached a peak in 2020-2021,in the aftermath of the COVID-19 pandemic,both of which heightened concerns about potential foreign takeovers in sensitive sectors.Over the past five years,the scope and coverage of the“national security”concept was expanded,resul

6、ting in several new economic sub-sectors being considered as strategic.Governments also moved to subject new forms of critical know-how and strategic technologies to screening,including economic activities involving access to sensitive personal information or capable of shaping public opinion.Invest