Determination Regarding Excepted Foreign States

• Citation: 87 FR 731
• Record Number: 2021-28598
• Published date: 06 January 2022
• Section: Rules and Regulations
• Court: Investment Security Office

Federal Register, Volume 87 Issue 4 (Thursday, January 6, 2022)

[Federal Register Volume 87, Number 4 (Thursday, January 6, 2022)]
                [Rules and Regulations]
                [Page 731]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2021-28598]
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                DEPARTMENT OF THE TREASURY
                Office of Investment Security
                31 CFR Part 800
                Determination Regarding Excepted Foreign States
                AGENCY: Office of Investment Security, Department of the Treasury.
                ACTION: Determination.
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                SUMMARY: The Department of the Treasury, as Chair of the Committee on
                Foreign Investment in the United States, is publishing the Committee's
                determination that two foreign states have established and are
                effectively utilizing a robust process to analyze foreign investments
                for national security risks and to facilitate coordination with the
                United States on matters relating to investment security.
                DATES: Effective January 5, 2022.
                FOR FURTHER INFORMATION CONTACT: Laura Black, Director of Investment
                Security Policy and International Relations, at U.S. Department of the
                Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220; telephone:
                (202) 622-3425; email: [email protected].
                SUPPLEMENTARY INFORMATION:
                Electronic Availability
                 The list of excepted foreign states and additional information with
                respect to the Committee on Foreign Investment in the United States
                (CFIUS or the Committee) are available on the Committee's section of
                the Department of the Treasury website.
                Notice of CFIUS Action
                 The Committee, taking into consideration the factors identified on
                the Committee's section of the Department of the Treasury website, has
                determined, under the authority of section 721 of the Defense
                Production Act of 1950, as amended, and 31 CFR 800.1001(a), that: (1)
                Australia has established and is effectively utilizing a robust process
                to analyze foreign investments for national security risks and to
                facilitate coordination with the United States on matters relating to
                investment security; and (2) Canada has established and is effectively
                utilizing a robust process to analyze foreign investments for national
                security risks and to facilitate coordination with the United States on
                matters relating to investment security.
                 This determination satisfies the second criterion in the definition
                of excepted foreign state under 31 CFR 800.218 with respect to
                Australia and Canada. Therefore, Australia and Canada are and will
                remain excepted foreign states absent further Committee action and
                notice in the Federal Register.
                Larry McDonald,
                Acting Assistant Secretary for International Markets.
                [FR Doc. 2021-28598 Filed 1-5-22; 8:45 am]
                BILLING CODE 4810-AK-P