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RESEARCH PRODUCT

COVID-19 y libre circulación de inversiones: un (muy) difícil matrimonio (COVID-19 and Free Movement of Investment: A (Very) Difficult Marriage)

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Spanish Abstract: Las inversiones extranjeras estan siendo objeto de una aproximacion mas cautelosa y critica en los ultimos anos en gran numero de paises. Una posicion que se refleja en su regimen juridico y se manifiesta, entre otros extremos, en el diseno de mecanismos de control previo con base en su eventual contrariedad con la seguridad nacional del pais receptor. La pandemia del COVID-19 no ha hecho sino acentuar esta tendencia. La posicion mantenida por la UE al respecto, y la suspension de la libre circulacion de inversiones decidida por el Gobierno espanol son manifestaciones de ello que, todo apunta, han venido para perdurar. English Abstract: In recent years, foreign investment is subject to a more cautious and critical approach in many countries. This attitude is reflected in its regulation and in the growing design of screening mechanisms on national security grounds. The COVID-19 pandemic has accelerated this trend. The position adopted by the EU and the suspension of the free circulation of investments approved by the Spanish Government reflect also this attitude. The issue now is to know whether they are transitory or will remain once the pandemic is over.