AMSTERDAM – Dutch Prime Minister Mark Rutte on Tuesday mentioned he noticed gradual progress in talks over new restrictions the USA desires it to implement on exporting chip-making expertise to China.
“I feel that step-by-step we will attain a superb consequence in cooperation,” Rutte mentioned in an interview with Dutch TV programme Nieuwsuur following his go to to the White Home.
The leaders mentioned U.S. requests for the Netherlands to undertake U.S. guidelines launched in October aimed toward hobbling China’s chipmaking trade to sluggish its technological and army advances, however particulars of the talks weren't disclosed.
The Netherlands is residence to ASML Holding NV, a key maker of semiconductor manufacturing gear. China accounted for 15% of its gross sales in 2021 – about 2 billion euros ($2.2 billion) price of gross sales that could possibly be affected if the Netherlands had been to undertake the brand new U.S. guidelines.
Rutte mentioned it was vital for Western international locations to not lose their main place in superior semiconductor applied sciences and that superior chips shouldn't be used for army functions “in international locations the place you don't want that to occur.”
However he additionally warned that international provide chains for easier applied sciences shouldn't be disrupted by export restrictions.
“This goes broader than only one nation. We don’t speak solely with the U.S., we speak to many companions,” he mentioned.
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