Source · Select Committees · Foreign Affairs Committee

Recommendation 7

7

We support the Government’s decision to keep the NSI Act agnostic of geography or type...

Recommendation
We support the Government’s decision to keep the NSI Act agnostic of geography or type of actor, so that investments are judged on a case-by case rather than country- 30 Sovereignty for sale: the FCDO’s role in protecting strategic British assets specific basis. The FCDO has a vital role to play in communicating to other parts of government its assessment of the broader strategic intent of foreign governments in their investment decisions, and this information should be a primary consideration when considering specific transactions. The FCDO should be responsible for advising BEIS on these matters and we intend to hold the Department to account for any failure to do so. (Paragraph 37) Cross-Government cooperation on investment screening
Government Response

A response document is linked to this report, dated 25 October 2021. Response attribution to this conclusion has not been verified. Read the response document ↗