ANNOUNCEMENT 14 May 2014In May 2014, the government of France announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
National Trade Estimate Report 2015, p.143
On 14 May 2014, the French government announced decree 479/2014 expanding the list of "sensitive" sectors requiring an approval of any foreign purchase of controlling stakes in equity (cf. p.143 of the National Trade Estimate Report 2015).
The sectors mentioned included energy, health, transportation, electronic communication as well as any "facility, installation or structure of vital importance within the meaning of (...) the Defence Code" (art. 1e of the decree; own translation).
The decree came into force on 15 May 2014.
The list of affected trading partners is based on OECD's total FDI flows in France by reporter country for 2012 with an annual threshold of 10 million USD, as no data for 2013 was available.