No, It's Not A CFIUS

The Potential Risks of the EU’s Investment Screening for the United States, Heritage Foundation Issue Brief #5055, April 6, 2020. "The EU has adopted a framework for screening foreign direct investment. While this framework has regularly been compared to the Committee for Foreign Investments in the United States (CFIUS), the reality is that the EU’s framework bears no similarities to CFIUS in form or likely effectiveness. In fact, the EU’s framework is riddled with weaknesses and perverse incentives. Moreover, because the EU’s framework covers EU programs that have been developed in order to create strategic distance between the EU and the U.S., it is likely that the framework will be used not only against the autocracies at which it is purportedly directed, but also against the United States. The U.S. should focus on improving investment screening at the national level, and vigorously protest any use of the EU’s framework against the U.S."