Committee on Foreign Investment in the United States

Committee on Foreign Investment in the United States (CFIUS) in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of Committee on Foreign Investment in the United States (CFIUS): A US government inter-agency committee established in 1975 to monitor the impact of foreign investment in the United States. With the passage of the Exon-Florio Amendment (Sec. Ill) in 1988, CFIUS was given authority to review and recommend action against mergers, acquisitions, and takeovers that place US assets under foreign control. CFIUS is chaired by the Treasury Department and is represented at the Assistant Secretary level by the Departments of Commerce, State, Defense, and Justice, and by the Office of the Management and Budget, the Council of Economic Advisers, the Office of the US Trade Representative, the Office of Science and Technology Policy, the National Security Advisor, and the Assistant to the President for Economic Policy.