France to tighten regulations for business investment outside the EU

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“We will know the scope of the decree,” Le Maire said.

Le Maire, who lowered the screening threshold to 10% from 25% during the COVID-19 pandemic over fears that French companies would become vulnerable to foreign takeovers, said stricter measures would help protect French and European companies at a time of radical crisis. Crisis. Disruption of global supply chains.

HISTORY: Le Maire, speaking from Paris at the Reuters NEXT conference in New York, also said France would expand the number of spaces to include critical raw fabrics and also apply the regulations to French subsidiaries of foreign companies.

“We will know the scope of the decree,” Le Maire said.

Le Maire, who lowered the screening threshold to 10% from 25% during the COVID-19 pandemic over fears that French companies would become vulnerable to foreign takeovers, said stricter measures would help protect French and European companies at a time of radical crisis. Crisis. Disruption of global supply chains.

He also said France and Europe want to expand their own synthetic intelligence and knowledge systems in the cloud and want to safeguard their sovereignty on those issues.

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