Agricultural Industrial Base as National Security Interests
This special issue belongs to |
International Journal of Industrial Biotechnology and Biomaterials |
Related section |
NA |
Deadline for Manuscript Submission |
March 31st, 2022 |
Deadline for Publication |
April 15, 2022 |
Special Issue Description
Dear Collegues,
President Biden directed the Treasury-led committee that examines foreign investment in the United States to consider the national security implications of any deals, including biotechnology and "elements of the agricultural industrial base that have implications for food security." The executive order was issued in response to growing concerns about Chinese purchases of American land and businesses. Complaints were filed this year against the Fufeng Group, based in Shandong, China, for plans to build a corn milling plant 12 miles from a US Air Force base near Grand Forks, North Dakota. The location would be "particularly convenient for monitoring air traffic flows in and out of the base, among other security-related concerns," according to the independent US-China Economic and Security Review Commission. CFIUS, which was established in 1975, would consider five factors when assessing a transaction under Biden's executive order: the impact on US supply chain resiliency, the impact on US technological leadership, investment trends that could affect national security, cybersecurity risks, and risks to Americans' data.
CFIUS members include the Treasury, Justice, Homeland Security, Commerce, Defense, State, and Energy departments, as well as the Office of the United States Trade Representative and the White House Office of Science and Technology Policy. According to the Treasury Department, the interagency committee is "authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons to determine the effect of such transactions on the national security of the United States." CFIUS has the authority to halt or modify a transaction in the name of national security.
Keywords
* Food security
* CFIUS
* National security
* Cybersecurity risks
* Homeland Security.
Manuscript Submission information
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