![]() Measures similar to the US CHIPS and Science Act - the EU has its own Chips Act - have already been undertaken, which go some way to promoting many of those aims by locating semiconductor production capacity within the union’s borders. ![]() ![]() To address these risks, the strategy draft focuses on promotion of European competitiveness, protection of economic security and partnership with outside countries. Technology security relates to keeping particularly advanced technology out of the wrong hands, specifically mentioning quantum computing, advanced semiconductors and AI.įinally, economic coercion deals with the possibility of outside nations forcing policy changes based on a member state’s dependence on them. Infrastructure security covers undersea cabling, oil and gas pipelines and similar economic bellwethers. Supply chain risks, which include energy security, cover the risks of price surges and the unavailability of critical components. The draft highlights four main risk categories: supply chains, critical infrastructure, technology security and economic coercion.
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