Global Trade Alert
Global Trade Alert

Spain: Government announces new economic and FDI screening measures (COVID-19)

Announcement

17 Nov 2020

In November 2020, the Spanish government adopted Royal Decree-Law 34/2020 that establishes new economic, tax and FDI measures to support the national economy in the context of the COVID-19 pandemic.

Source

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Number of interventions

3

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

0 in force

Implementation date

18 Dec 2020

Revocation date:

31 Dec 2024

FDI: Entry and ownership rule

On 17 November 2020, the Spanish authorities adopted Royal Decree-Law 34/2020 that establishes a temporary regime for the suspension of the liberalization of certain FDI investments on Spanish compani...

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Implementation date

18 Nov 2020

Revocation date:

31 Dec 2021

Internal taxation of imports

On 17 November 2020, the Spanish authorities adopted Royal Decree-Law 34/2020 that establishes a series of measures to support the national economy in the context of the COVID-19 pandemic. One set of...

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Internal taxation of imports

On 17 November 2020, the Spanish authorities adopted Royal Decree-Law 34/2020 that establishes a series of measures to support the national economy in the context of the COVID-19 pandemic. Article 7 i...

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Related State Acts

21 Mar 2019

EU: Establishment of framework for foreign investment screening

03 Apr 2020

EU: Temporary elimination of import duties and VAT on certain goods in response to the COVID-19 outbreak

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Spain: Suspension of the liberalisation regime, introduction of prior approval of FDI in certain sectors and creation of loan guarantee line (COVID-19)

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