EU will consider restricting foreign ownership of ports as part of security risk review
- States to mitigate risks of foreign ownership, operational control and equipment from high-risk suppliers
- New EU ports strategy to include mechanism for gaining temporary public control or right of use
- EU focus on shipping and port security as strategic industries with push for dual use military-commercial investments
New strategic security criteria on ownership and control in EU ports will make it harder for Chinese firms to invest in new projects and may hamper future extension of terminal concession contracts
