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France's Macron: EU needs to screen foreign investment
June 22, 2017 / 12:48 PM / 3 months ago

France's Macron: EU needs to screen foreign investment

French President Emmanuel Macron arrives at the EU summit in Brussels, Belgium, June 22, 2017. REUTERS/Gonzalo Fuentes

BRUSSELS (Reuters) - French President Emmanuel Macron urged EU leaders to back a plan to screen foreign investments in strategic industry at an EU summit on Thursday to help level the playing field for European companies.

Arriving for his first meeting with leaders of the other 27 EU nations, Macron said he backed free trade but curbs on foreign investment are needed in certain sectors “because others do not respect the rules.”

Reporting by Alissa de Carbonnel; editing by Philip Blenkinsop

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