Pursuant to the Foreign Trade and Payments Act (Außenwirtschaftsgesetz – AWG) and the Foreign Trade and Payments Ordinance (Außenwirtschaftsverordnung – AWV), investments into German entities may be subject to the review of the German foreign investment review laws framework. Investments into entities operating in specific, particularly sensitive, business areas, such as for example the operation of critical infrastructure, may be subject to a notification and clearance requirement. The legislative act specifying what qualifies as critical…