ANNOUNCEMENT 02 Aug 2013In August 2013, the government of Germany announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
Au?enwirtschaftsverordnung of 2 August 2013 (in German): http://www.gesetze-im-internet.de/bundesrecht/awv_2013/gesamt.pdf
WTO-UNCTAD-OECD Tenth Report on G20 Trade and Investment Measures, mid-May to mid-November 2013: http://www.oecd.org/daf/inv/investment-policy/10thG20TradeInvestment.pdf
On 2 August 2013, the German Federal Ministry for Energy and Economic Affairs issued the International Economy Regulation (Außenwirtschaftsverordnung, AWV). In Article 58 of this regulation the information that must be submitted to the Ministry for the sector-specific investment review is reduced. Henceforth, a description of the main features of the investment suffices, whereas full documentation was required previously. Moreover, article 61 allows the Ministry to give clearance before the due date.
The measure took effect on 1 September 2013.
The affected countries listed in this report were determined on the basis of inward investment flows into Germany over the past 3 years.