[Federal Register Volume 88, Number 29 (Monday, February 13, 2023)]
[Rules and Regulations]
[Pages 9190-9191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-02531]


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DEPARTMENT OF THE TREASURY

31 CFR Part 802


Determination Regarding Excepted Real Estate Foreign States

AGENCY: Office of Investment Security, Department of the Treasury.

ACTION: Determination.

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SUMMARY: The Department of the Treasury, as Chair of the Committee on 
Foreign Investment in the United States, is publishing the Committee's 
determination that two foreign states have made significant progress 
toward establishing and effectively utilizing a robust process to 
analyze foreign investments for national security risks and to 
facilitate coordination with the United States on matters relating to 
investment security.

DATES: Effective February 10, 2023.

FOR FURTHER INFORMATION CONTACT: Joshua Jungman, Deputy Director of 
Investment Security Policy and International Relations, at U.S. 
Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 
20220; telephone: (202) 622-1749; email: [email protected].

SUPPLEMENTARY INFORMATION:

Electronic Availability

    The list of excepted real estate foreign states and additional 
information with respect to the Committee on Foreign Investment in the 
United States (CFIUS or the Committee) are available on the Committee's 
section of the Department of the Treasury website.

Notice of CFIUS Action

    The Committee, taking into consideration the factors identified on

[[Page 9191]]

the Committee's section of the Department of the Treasury website, has 
determined, under the authority of section 721 of the Defense 
Production Act of 1950, as amended, and 31 CFR 802.1001(a), that: (1) 
New Zealand has made significant progress toward establishing and 
effectively utilizing a robust process to analyze foreign investments 
for national security risks and to facilitate coordination with the 
United States on matters relating to investment security; and (2) the 
United Kingdom of Great Britain and Northern Ireland has made 
significant progress toward establishing and effectively utilizing a 
robust process to analyze foreign investments for national security 
risks and to facilitate coordination with the United States on matters 
relating to investment security.
    This determination satisfies the second criterion in the definition 
of excepted real estate foreign state under 31 CFR 802.214 with respect 
to New Zealand and the United Kingdom of Great Britain and Northern 
Ireland. Therefore, New Zealand and the United Kingdom of Great Britain 
and Northern Ireland are and will remain excepted real estate foreign 
states absent further Committee action and notice in the Federal 
Register.

Paul Rosen,
Assistant Secretary for Investment Security.
[FR Doc. 2023-02531 Filed 2-10-23; 8:45 am]
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