International Investment and Trade in Services Survey Act Law and Legal Definition

The International Investment and Trade in Services Survey Act (“Act”) is a federal legislation that regulates international investment which significantly affects the economies of the U.S. and other nations. It is established pursuant to 22 USCS § 3101. The Act is one of the primary U.S. federal statutes that govern the reporting of investments made in the U.S. by foreign investors. It is administered by the Bureau of Economic Analysis (BEA) of the Department of Commerce.

The purpose of this Act is to provide clear and unambiguous authority for the President to collect information on international investment and the U.S. foreign trade in services. The also authorizes the collection and use of information on direct investments owned or controlled directly or indirectly by foreign governments or persons.