Global Trade Alert
Global Trade Alert

United States of America: CFIUS clears the investment of Shanghai Pudong Science & Technology Investment company in California-based ICON Aircraft

Announcement

28 Feb 2022

In February 2022, CFIUS cleared the investment by Shanghai Pudong Science & Technology Investment company in ICON Aircraft.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

28 Feb 2022

Revocation date:

No revocation date

Announced: 28 Feb 2022
FDI: Entry and ownership rule In force
On 28 February 2022, the Committee on Foreign Investment in the United States (CFIUS) cleared an investment of Shanghai Pudong Science & Technology Investment Co., Ltd. (PDSTI) in ICON Aircraft, I...
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