Free Trial

US And Netherlands Could To Announce Export Controls Deal By End Of Jan


Dutch and US officials will meet in Washington on Friday to finalise a plan to coordinate export controls on China on high-tech components used in the manufacture of semiconductors.

  • SCMP and Reuters both cite sources stating that a deal is expected before the end of the month and could be announced as soon as tomorrow.
  • The Netherlands, home of ASML Holding, is seen as a key to US plans to throttle access to the semiconductor technology required by China to develop its military and high-tech sectors.
  • Japan Times reported this week that Japan, the other country central to plans, will follow likely suit. LDP lawmaker Akira Amari said: “Countries like China, Russia and North Korea are vying for global hegemony, and we should never help them achieve that. We must join the U.S. in stopping exports of cutting-edge chips that can be diverted for military use and pose serious security concerns.”

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.