Sec. 115. Provision of assistance by Committee on Foreign Investment in the United States to allies and partners with respect to reviewing foreign investment
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Section 721(c)(3) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(c)(3) ) is amended— by striking subparagraph
(A)and inserting the following: The chairperson, in the discretion of the chairperson and in consultation with other members of the Committee, shall, to protect the national security of the United States and countries that are allies or partners of the United States, establish a formal process for— the exchange of information under paragraph (2)(C) with the governments of such countries; and the provision of assistance to those countries with respect to— reviewing foreign investment transactions in such countries; determining the beneficial ownership of parties to such transactions; and identifying trends in investment and technology that could pose risks to the national security of the United States and such countries. ; and in subparagraph (B)— in clause (ii), by striking ; and and inserting a semicolon; by redesignating clause
(iii)as clause (iv); and by inserting after clause
(ii)the following: provide for the provision of assistance to support such countries to review foreign investment transactions in such countries and determine the beneficial ownership of the parties to such transactions; and .
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Sec. 115
Provision of assistance by Committee on Foreign Investment in the United States to allies and partners with respect to reviewing foreign investment
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