This rentrée week’s developments in EU trade policy herald an intense autumn.
Industrial policy & trade
Vestager: TTC showing usefulness in wake of Russian war in Ukraine
Preparations are well underway for the next high-level meeting of the transatlantic Trade and Technology Council in France on 15-16 May. European Commission representatives praised the way in which the forum has facilitated bilateral contact between the EU and United States in the wake of Russia’s invasion of Ukraine. “The …
EU Chips Act codifies pandemic-era supply crisis management practice
The European Commission formally tabled a regulation “establishing a framework of measures for strengthening Europe’s semiconductor ecosystem”, also known as the EU ‘Chips Act’. The move codifies EU market interventions pioneered at the height of the COVID-19 pandemic whilst also trying to draw some lessons from these episodes, in particular …
Semiconductor shortages – Commission to ask for powers to control exports ahead of Chips Act
The European Commission is seeking immediate semiconductor supply shortage crisis management powers ahead of the imminent announcement of a new industrial policy regulation that seeks to ensure that one fifth of world production happens in the European Union by the end of the decade: the EU Chips Act. The Commission …
Technical standards: EU in pushback against perceived rising Chinese, US influence
The European Commission wants the EU to “take back control” of technical standardisation as it rolls out its new industrial policy and seeks to reduce the influence of large Chinese and United States companies in standard-setting bodies in the EU whilst promoting European standards internationally.
Semiconductors: Von der Leyen promises “diversification among like-minded partners”
Plans towards a European Chips Act are maturing. European Commission president Ursula von der Leyen announced a new regulation mirroring similarly named recent United States legislation will be tabled as soon as early February. Brussels’ move in the semiconductor sector heralds a much more politically controlled approach to supply chain …
European Chips Act expected to involve export and investment controls
The European Commission is preparing a new piece of legislation that aims to boost production of next-generation semiconductors in Europe, a European Chips Act: its trade and investment policy dimension will be a spot to watch.
