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Tag: Outbound Investment Security Act

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Senate NDAA Amendments Call for Increased Scrutiny of Foreign Investment

The Senate has included two amendments to its version of the 2024 National Defense Authorization Act. The first amendment is the addition of the Outbound Investment Security Act, which would require U.S. companies to report to the Department of the Treasury certain high-tech investments in “countries of concern.” Senators also included the Promoting Agriculture Safeguards...