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Netherlands to quickly roll out semiconductor export management measures to maintain delicate know-how away from China: Report

Amsterdam [Netherlands], June 20 (ANI): Netherlands will quickly be a part of the United States and Japan in rolling out new semiconductor export management measures aimed toward conserving delicate know-how away from China as a result of concern for potential misuse, the nation’s financial affairs minister advised reporters on a go to to Washington, Voice of America (VOA) reported.

As per VOA, the measures are more likely to additional limit gross sales to China by Netherlands-based ASML, maker of the world’s most superior chip-printing machines, which final 12 months disclosed the “unauthorized misappropriation of data” by a now former worker in China.

The US in October 2022, introduced its personal export management measures affecting superior computing built-in circuits and sure semiconductor manufacturing gadgets.

The nation stated the measures have been aimed toward gadgets that “could provide direct contributions to advancing military decision making” comparable to “designing and testing weapons of mass destruction (WMD), producing semiconductors for use in advanced military systems, and developing advanced surveillance systems that can be used for military applications and human rights abuses.”Allies together with Japan and the Netherlands have been then requested by the US to introduce comparable measures.

Netherlands’ minister of financial affairs and local weather, Micky Adriaansens, advised a bunch of journalists on June 8 on the Dutch Embassy in Washington: “The main concern is [the chip-making technology] will be used in military products.”Adriaansens acknowledged that negotiations with Washington haven’t been straightforward.

“To be honest, the conversation has been intense, and is still intense,” she stated. “But we agreed already upon the main issues, with a good [mutual] understanding of what is the right thing to do.”Adriaansens stated these understandings nonetheless must be translated into rules however that her nation understands the significance of the measures, as per VOA.

“We realize that we, the U.S., the Netherlands, Japan and Korea, are very strong in the semicon[ductor] value chain, supply chain, and we have a responsibility there,” the minister stated, echoing an announcement made by Japan’s commerce minister in March. (ANI)