Second TTC Meeting to Result in More Export Control Information Sharing, Official Says
The U.S. and the EU this week plan to announce a range of new initiatives through the Trade and Technology Council, including more collaboration on export controls and additional efforts to secure semiconductor supply chains, a senior administration official said. The official, speaking to reporters May 13 ahead of the TTC's second meeting May 15-16 in Paris, said the two sides will “deepen the partnership and announce a number of key outcomes.”
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Those include “deeper information sharing” on critical technology exports, which have come under increased multilateral restrictions since Russia invaded Ukraine earlier this year, the official said. Both the U.S. and the EU have announced a string of export restrictions to limit the Russian military’s ability to import key parts and inputs (see 2205090042, 2202240069 and 2204220034). A second administration official said the coordinated export controls have been “groundbreaking.”
“The goal here is really to find ways to ensure that our competition policies and technology regulation are complementary and that our markets are ever more interconnected,” the official said. “Our cooperation on sanctions and export controls is really a great example.”
A third administration official said the U.S. and the EU feel confident that they can continue to ramp up their export control cooperation. “I think there's an agreement that the foundation that we have built now with the Russia export controls is something that we can really build on, and it's something as a basis for trans-Atlantic cooperation more broadly,” the official said. “So I think you'll see in the statement some reference to ways that we can consolidate that cooperation in that framework going forward.”
The officials also said they plan to announce initiatives to “encourage semiconductor investment in our respective countries,” an “early-alert mechanism to identify and address early-stage non-market trade concerns” and a new “policy dialogue” to develop “responses to global security challenges caused by Russian aggression in Ukraine.”
Another Initiative will focus on better addressing “technical discussions” at international standards bodies, which have seen stronger participation from China in recent years, an official said. Standards bodies participants hope the Commerce Department expands an exemption to allow U.S. companies to participate in standards-setting bodies that have members designated on the Entity List (see 2006160035, 2112170037 and 2109150036).