Commerce Seeks Comments on Information Collection Related to FDI

January 8, 2021 |Other U.S.

The Commerce Department extended a public comment period to receive feedback on an information collection related to U.S. foreign direct investment, the agency said in a Jan. 8 notice. The collection includes a quarterly survey on FDI that asks industry for information on “transactions and positions” between foreign-owned U.S. businesses and their “affiliated foreign groups.” The survey feedback is used to “derive universe estimates of direct investment transactions, positions, and income in non-benchmark years,” which helps the U.S. measure “the size and economic significance of foreign direct investment.” Commerce previously asked for feedback in October and allowed for a 60-day comment period, but now is extending the period for 30 days following publication of the notice.