Romania

Romania

Establishes the Commission for the examination of foreign direct investments

08 Nov 2022

On 28 October 2022, by Decision no.1326 the Government approved the Regulation on the organization and functioning of the Commission for the examination of foreign direct investments. The role of the new commission is to examine and endorse foreign direct investments and new investments under the FDI screening framework introduced earlier this year. The newly established Commission took over the function on FDI screening from the Supreme Council of National Defence (CSAT), which continued to screen FDI projects since the adoption of the new FDI regime. The act came into force on 8 November 2022.