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Written question asked by Liam Byrne (Labour) on Monday, 4 December 2023, in the House of Commons. It was due for an answer on Thursday, 7 December 2023 (named day). It was answered by Greg Hands (Conservative) on Thursday, 7 December 2023 on behalf of the Department for Business and Trade.


Foreign Investment: USA

Question

To ask the Secretary of State for Business and Trade, whether she has made an assessment of the potential implications for her policies of the US President’s Executive Order on Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern of 9 August 2023.

Answer

We are reviewing the Presidential Executive Order to consider the impact on the UK and UK businesses and consulting with industry during this time. We understand the US policy remains in a consultative phase following the issuance of the Executive Order. As such, it is still under development.


Secondary information

Type
Written question
Reference
4930
Session
2023-24
Subjects
Foreign investment National security Technology USA Artificial intelligence
Link
View this Written question on www.parliament.uk