Third-country investment screening mechanism enacted

The National Assembly has unanimously endorsed a bill to extend a mechanism whereby the government can screen potentially risky foreign direct investment (FDI). However, investors from EU countries will now no longer be deemed foreign.

The FDI notification and screening mechanism as set down in the EU law has been transposed in Slovenia in one of the Covid emergency laws, which will expire at the end of June.

With the amendments passed on 9 June, the mechanism is now being included in the Investment Promotion Act.

If a foreign investor wants to acquire a stake of at...