June 22, 2024

Mid Designer

Breakaway from the pack

EU to assess risks of critical technologies being weaponised -official

BRUSSELS, Oct 2 (Reuters) – The European Fee will assess the risks of 4 essential systems, which includes semiconductors and synthetic intelligence, being weaponised by nations around the world not aligned with its values and will take actions upcoming yr to deal with the problem, an EU official claimed on Monday.

The transfer by the EU executive is component of the European Union’s economic protection technique announced in June and echoes comparable measures taken by the United States, Australia and other countries worried about China’s progressively assertive role.

The other two important technologies on the EU checklist are quantum systems and biotechnologies these types of as vaccines and genome sequencing.

“The Fee will do possibility assessments of these 4 technologies with member states. The deadline is by the end of the yr. The next stage is to mitigate the hazards upcoming yr,” the formal informed Reuters on situation of anonymity.

Achievable steps could include things like export controls and partnering with like-minded allies.

Fee Vice President Vera Jourova and EU sector main Thierry Breton will maintain a press conference on the concern at 1330 GMT on Tuesday.

The European Union has in recent decades sought to decrease its dependence on China and other international locations for critical products and solutions pursuing source chain disruptions brought on by the COVID-19 pandemic and the war in Ukraine that set off an vitality crisis in the bloc.

Reporting by Foo Yun Chee Enhancing by Richard Chang

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An agenda-setting and industry-going journalist, Foo Yun Chee is a 20-year veteran at Reuters. Her tales on superior profile mergers have pushed up the European telecoms index, lifted companies’ shares and helped investors determine on their go. Her knowledge and working experience of European antitrust regulations and developments served her broke stories on Microsoft, Google, Amazon, a lot of market-relocating mergers and antitrust investigations. She has formerly documented on Greek politics and corporations, when Greece’s entry into the eurozone intended it punched earlier mentioned its pounds on the worldwide phase, as effectively as Dutch company giants and the quirks of Dutch society and culture that in no way fail to attraction viewers.