India, May 9 -- The U.S. Department of the Treasury has announced that it will establish a fast track process to facilitate greater investment in U.S. businesses from ally and partner sources.
This process will include the launch of a Known Investor portal where the Committee on Foreign Investment in the United States, chaired by Treasury, can collect information from foreign investors in advance of a filing. Initially, Treasury will conduct a pilot of this process and build from it over time.
Pursuant to the President's directive in the America First Investment Policy, Treasury is focused on increasing efficiencies in the CFIUS process to facilitate greater investment from allies and partners where there is verifiable distance and indepe...