Exclusive: EU to target export controls on military use goods, outbound investment risks

News Snapshot:

BRUSSELS, June 19 (Reuters) - The European Commission plans to propose measures this year to address security risks posed by outbound investments as well as reinforcing export controls on goods that have both civilian and military uses, with an eye on rivals such as China. In a document entitled "European Economic Security Strategy", seen by Reuters ahead of its presentation on Tuesday, the Commission sets out its view on how the European Union can make its economy more resilient and identify emerging risks. It said these could come from exports and investments that let know-how leak to foreign rivals in...