EU-US TTC Should Strive for ‘Smart’ Export Controls: Intel
Intel is optimistic about the results of last week’s inaugural meeting in Pittsburgh of the EU-U.S. Trade and Technology Council (see 2110010037) because it has “significant operations on both sides of the Atlantic, including semiconductor plants and R&D centers,” blogged…
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Chief Trade Officer Jeff Rittener Tuesday. “The conversations that took place take us one step closer to alignment on regulatory policies to help reduce trade barriers.” The TTC established a multilateral approach to export controls as a top priority for “supporting a global level-playing field,” he said. “A harmonized export control regime among like-minded transatlantic partners would ensure products are available in an increasingly digital world.” The regime has “significant potential for increased cooperation and harmonization between the U.S. and the EU, especially as narratives such as technological sovereignty and open strategic autonomy shape dialogues,” said Rittener. “Both entities should make sure that any new controls are smart controls that meet the national security objectives of the EU and U.S.”