It is established global practice to protect national economies from the infiltration of corrosive capital through the screening of foreign direct investment (FDI), which involves assessing risks to national security, particularly in the areas of defence, personal data, communications, and critical materials and technologies.
Draft laws aimed at introducing a system for screening foreign direct investment have been registered in Ukraine. The Economic Security Council of Ukraine emphasises the need to analyse existing screening systems abroad, select the optimal approach for Ukraine taking into account existing and potential security risks, and define procedures that will ensure investors receive timely and well-founded decisions based on the screening results.
The organisation is developing recommendations for national legislation on the screening of foreign direct investment (FDI) and mechanisms for strategically countering corrosive capital.
