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Berlin, Paris, Rome applaud EU initiative to screen foreign investment

Berlin, Paris, Rome applaud EU initiative to screen foreign investment
14 September 2017 10:24 407

BERLIN. KAZINFORM Berlin, Paris and Rome welcomed Wednesday an initiative put forward by the European Commission that would enable the European Union to have a final say on all foreign trade agreements in a bid to protect Europe's corporations from any undesired mergers and acquisitions, EFE reports.

In a joint declaration, the governments of Germany, France, and Italy considered the proposition put forward in EC President Jean-Claude Junker' State of the Union 2017 speech an important for the better protection of EU companies.

Keywords: EU, Europe, Economy, Foreign investments, World News,
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