Position paper - Joint industry statement on the Foreign Subsidies Regulation Implementation

Reports show that the European Commission is considering ways to limit administrative barriers in the Foreign Subsidies Regulation Implementing Regulation (FSR IR) to ensure that the FSR does not deter investment in Europe. AmCham EU, along with nine other signatories, is encouraged to see that industry feedback has been considered in the text. Limiting onerous reporting obligations, addressing confidentiality concerns and exempting certain categories of non-distortive financial contributions would make FSR compliance easier for companies committed to investing in Europe.