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Home > Society and Social Sciences > Politics and government > Crs Report for Congress: The Exon-Florio National Security Test for Foreign Investment
Crs Report for Congress: The Exon-Florio National Security Test for Foreign Investment

Crs Report for Congress: The Exon-Florio National Security Test for Foreign Investment


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About the Book

The Exon-Florio provision grants the President the authority to block proposed or pending foreign acquisitions of "persons engaged in interstate commerce in the United States" that threaten to impair the national security. This provision came under intense scrutiny with the proposed acquisitions in 2006 of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation (CNOOC). The debate that followed reignited long-standing differences among Members of Congress and between Congress and the Administration over the role foreign acquisitions play in U.S. national security. The public debate underscored the differences between U.S. policy, which is to actively promote internationally the national treatment of foreign firms, and the concerns of some over the way this policy applies to companies that are owned by foreign governments that have unlimited access to the nation's industrial base. Much of this debate focused on the activities of a relatively obscure committee, the Committee on Foreign Investment in the United States (CFIUS) and the ExonFlorio provision, which gives the President broad powers to block certain types of foreign investment.


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Product Details
  • ISBN-13: 9781293274637
  • Publisher: Bibliogov
  • Publisher Imprint: Bibliogov
  • Height: 246 mm
  • No of Pages: 30
  • Spine Width: 2 mm
  • Weight: 73 gr
  • ISBN-10: 1293274631
  • Publisher Date: 11 Nov 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: The Exon-Florio National Security Test for Foreign Investment
  • Width: 189 mm


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