Select committee: Foreign Affairs Committee

Seventh Special Report - Government Response to the Committee’s Sixth Report: Sovereignty for sale: follow-up to the acquisition of Newport Wafer Fab

Published 28 April 2022

At a glance

The government's response

This document responds to Sixth report - Sovereignty for sale: follow-up to the acquisition of Newport Wafer Fab.

This is the government's response, published 28 April 2022.

Summary written by Accountability Index from the government's response. It is not the government's own words.

The Government "takes careful note" of the Committee's report and conclusions, responds to each, and says no decisions have been made on the acquisition of Newport Wafer Fab by Nexperia.

  • On the National Security Adviser's role, the Government says the Investment Security Unit advises the Secretary of State and that "Where appropriate, this can include advice from the National Security Adviser".
  • It says the Prime Minister asked the National Security Adviser to review the case because he is the Prime Minister's "lead official on matters of national security".
  • On Newport Wafer Fab, it says it "continues to consider" the Nexperia acquisition and that "no decisions have been made". It does not comment on details of individual transactions or national security assessments.
  • It states that, where the statutory tests are met, the Secretary of State may call in a qualifying acquisition he is aware of up to six months after commencement of the Act on 4 January 2022.

Read the government's response ↗ Report an error

Sources