(Adds missing word 'to' in headline)
COPENHAGEN, May 11 (Reuters) - Sweden's majority
government said in Thursday it will submit a bill next week to
parliament on allowing scrutiny of foreign direct investments in
Swedish companies and block those that pose a risk to national
security.
"The majority of EU member states already have national
review systems in place," Prime Minister Ulf Kristersson said in
a statement. "It is important that we get this in place in
Sweden as well."
The government had said in March it aimed to present
legislation this year.
The prime minister did not name any particular countries
that could pose a security risks.
Western nations, worried by a flow of sensitive
technological know-how to China, have increasingly sought to
prevent Chinese companies from making certain acquisitions.
The Swedish government aims for the legislation to take
effect on Dec. 1 this year.
(Reporting by Louise Breusch Rasmussen, editing by Anna
Ringstrom and Terje Solsvik)
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