Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, with reference to the G7 Japan 2023 Foreign Ministers’ Communiqué, published on 18 April 2023, whether the Government plans to take steps to align the UK's investment screening regime with that of the US as set out in the Presidential Executive Order of 15 September 2022 on Ensuring Robust Consideration of Evolving National Security Risks by the Committee on Foreign Investment.

The Government is committed to ensuring that the UK’s National Security and Investment (NSI) regime stays up to date with the evolving global security context. We have recently launched a Call for Evidence, seeking views on how the NSI system can be even more business friendly while maintaining and refining essential national security protections.

The UK works closely with a range of international partners in this area, including members of the G7. However, decisions made under the NSI Act are based on UK national security considerations, and the scope of the Act itself is carefully tailored to the needs of the UK.