EU explores safeguarding technology from China.

1 min read
Source: Reuters.com
EU explores safeguarding technology from China.
Photo: Reuters.com
TL;DR Summary

The European Commission will present its Economic Security Strategy to EU lawmakers and countries, outlining possible measures to prevent prized EU technology from being used by rivals such as China for military purposes. The strategies include screening of outbound investments and export controls. However, the Commission will need to tread carefully as granting of export licenses and weighing security interests are national competences that EU governments will want to retain.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

76%

29270 words

Want the full story? Read the original article

Read on Reuters.com