Grassley remains concerned over ChemChina-Syngenta deal
BPC Staff Nov 17, 2016 | 8:49 pm
<1 min read time
69 wordsAll Latest News, Energy, Government Policy and Law, Statewide NewsReuters: U.S. Sen. Chuck Grassley of Iowa said he is concerned that state-owned ChemChina, which is buying Swiss crop protection and seed group Syngenta for $43 billion, could use U.S. sovereign immunity laws to shield itself from claims in U.S. courts. Some Chinese state-owned entities have argued that they have sovereign immunity and thus can’t be sued in U.S. courts under the U.S. Foreign Sovereign Immunities Act of 1976.
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