Position of the European Sea Ports Organisation on the Commission’s proposal for the Regulation on the screening of foreign investments in the Union (2024/0017(COD))

12 July 2024

The European Sea Ports Organisation (ESPO) welcomes the proposal to revise Regulation (EU) 2019/452 establishing a framework for the screening of foreign direct investments into the Union. Based on the experience with the application of this Regulation and taking into account the new geopolitical and geoeconomic context, which has underlined the need to protect EU critical assets, Europe’s ports support the new proposal as a means to strengthen the efficiency and effectiveness of the current Regulation while safeguarding an open investment climate.

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