National Security Reviews of Foreign Investment

T-NSIAD-91-8: Published: Feb 26, 1991. Publicly Released: Feb 26, 1991.

Additional Materials:


Office of Public Affairs
(202) 512-4800

GAO discussed the Administration's national security reviews of proposed foreign investments, focusing on the: (1) Administration's authority to review and possibly block foreign investments after the authorization period lapsed; (2) reasons for the Administration's delay in implementing a presidential divestiture order to block a foreign investment; (3) difficulties experienced by the Interagency Committee on Foreign Investment in the United States (CFIUS) in analyzing specific investments; and (4) larger public policy questions. GAO noted that: (1) CFIUS did not consider the lapse of the blocking authority as a constraint on its consideration of an investment case, since it was operating on the expectation that the authority would be renewed; (2) the overall slowdown in the U.S. economy and the general complexities of finalizing business transactions contributed to the delay in the divestiture; (3) CFIUS experienced difficulties in defining national security, determining the existence of a credible foreign threat to national security, and developing adequate data to evaluate proposed investments; and (4) public policy questions need to be addressed at a higher policy-making level and in a broader context than the case-by-case approach presently afforded by CFIUS.

Nov 21, 2017

Nov 13, 2017

Oct 31, 2017

Oct 26, 2017

Oct 19, 2017

Oct 12, 2017

Oct 4, 2017

Sep 28, 2017

Sep 19, 2017

Looking for more? Browse all our products here