Electronics

According to Bloomberg, the European Union plans to propose a new regulatory plan this week, targeting key technologies that can be used for military purposes. In addition, the EU will propose before the end of the year to regulate inbound investments that may pose a threat to EU security, to prevent the outflow of critical capital and technology, as reported by Huacheng Import and Export Data Observation.

According to a draft document, as part of the latest security strategy, the European Commission will propose a list to conduct a risk assessment of dual-use technologies, which can be implemented among member states as soon as September. This draft is scheduled for publication on June 20th.

Reuters reported that in the document entitled "European Economic security Strategy", the Commission elaborated its views on how the EU can make its economy more resilient and identify emerging risks. The document states that these risks may come from exports and investments, which may allow "a small portion of key technologies with military significance" to be leaked to foreign competitors, such as quantum computing, artificial intelligence, 6G, biotechnology, and robotics, as reported by Huacheng Import and Export Data Observation.

According to the report of Huacheng Import and Export Data Watch, the document points out: "Overdependence on any country will reduce the strategic options of the EU, thus exposing the economy and citizens to danger. The EU now needs a comprehensive strategic plan to ensure Economic security, reduce risks and promote technological advantages in strategic sectors."

The committee's document states that it will focus on risks in the supply chain (including energy) and critical infrastructure (such as telecommunications networks), as well as preventing economic coercion and leakage of cutting-edge technologies, as reported by Huacheng Import and Export Data Observation.

The EU will also work with member states to review potential security risks associated with outward investment. By the end of the year, new response measures will be proposed for goods that may enhance military and intelligence capabilities, and a dedicated member state expert group will be established to assist in completing these tasks. Huacheng's import and export data are reported by observers.

The document does not name China, but emphasizes cooperation with countries with common concerns with the European Union and uses the term 'de risk'. (Transferred from: Huaqiang Microelectronics)