Positive Development for Investors from Allied Nations
In a further solidification of the Administration’s efforts to isolate identified adversaries and strengthen U.S. leadership key strategic technologies, the Administration issued the America First Investment Policy Memorandum with the stated aims to maintain the country’s “open investment environment” towards allies and partners, while also protecting it from “new and evolving threats” arising from foreign adversaries. Id.
The policy comes in the context of prior actions that have curtailed certain outbound investment, including the Biden Administration’s Executive Order 14105 and the final regulations issued on October 28, 2024, targeting outbound investment in specific technologies and products in “countries of concern” (mainly, the People’s Republic of China (PRC), The Special Administrative Region of…