North American Investment Security: Protecting Jobs and Critical Industries
This bill aims to strengthen how the U.S., Mexico, and Canada review foreign investments, especially in vital industries and infrastructure. By working together, these countries seek to protect jobs, secure supply chains, and safeguard national security across North America from potentially harmful foreign ownership. This ensures economic stability and protection of strategic sectors.
Key points
Encourages Mexico and Canada to adopt strong systems for reviewing foreign investments that could pose national security risks, similar to the U.S. framework.
Creates a way for the U.S., Mexico, and Canada to share information and coordinate actions on investments in key sectors like advanced technology and critical infrastructure.
Aims to protect American jobs and ensure the stability of essential supply chains by preventing risky foreign control over vital industries.
Introduced
Additional Information
Print number: 119_HR_6707
Sponsor: Rep. Arrington, Jodey C. [R-TX-19]