OVERVIEW
AWV)
The 17th Amendment Ordinance to the German Foreign Trade and Payments Ordinance (
AWV) continues the long-standing trend towards more control rights for the German Federal Ministry for Economics and Energy (
BMWi) with regard to investment control under foreign trade law. In addition to adapting to the requirements of the EU Screening Directive, the scope of application of the sector-specific and cross-sectoral review processes was extended and tightened.
With regard to the primarily defense- and military-related and
sector-specific investment control, the
were extended or newly defined respectively. Thus,
inter alia, the development, production and modification of all (as opposed to only specific goods so far) goods in Part I Section A of the export list now triggers a sector-specific investment control. Furthermore, it was also clarified that even if a German company
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