EU Takes Action to Mitigate Risks of Weaponized Technology, Reduces Reliance on China’s Raw Materials
The European Union (EU) is making significant moves to address the potential risks associated with weaponized technology and reduce its dependence on China for critical raw materials. Concerns have been raised about the weaponization of technologies like quantum computing, semiconductors, artificial intelligence (AI), and biotechnology, which could pose a threat to the EU’s economy.
To address these concerns, the European Commission is conducting risk assessments of four critical technologies: semiconductors, AI, quantum technologies, and biotechnologies. The goal is to ensure that these technologies do not enhance the military capabilities of countries that do not share the EU’s values. The EU plans to complete these assessments in collaboration with member states by the end of the year and take measures to mitigate the identified risks in the following year.
The measures to address these risks may include export controls and the formation of partnerships with like-minded allies. This approach aligns with the EU’s economic security strategy, which aims to strengthen the EU’s economic security and reduce vulnerabilities in key technology sectors.
The EU’s efforts to reduce its reliance on other countries, particularly China, for essential products have been prompted by supply chain disruptions caused by events like the COVID-19 pandemic and the conflict in Ukraine. These disruptions highlighted the need for the EU to secure its critical raw materials and decrease its vulnerability in key technology sectors.
In addition to the risk assessments of critical technologies, the EU is preparing legislation to reduce its dependence on China for critical raw materials, with a specific focus on electric car production. China, in response, has already taken steps to limit access to materials crucial for semiconductor production. This development reflects the ongoing tensions and competition in the global technology and trade landscape.
Moreover, the EU has initiated an investigation into Chinese electric car subsidies, raising concerns about potential trade disputes with Beijing. If unfair practices in the EU market are identified, the EU might impose tariffs on Chinese electric cars. These actions further exemplify the EU’s determination to address concerns surrounding China’s influence in critical technology sectors.
By taking proactive measures, the EU aims to secure its economic interests, protect its technology sectors, and reduce its reliance on China for critical raw materials. These efforts align with similar actions taken by countries like the United States and Australia, reflecting global concerns about China’s growing influence in crucial technology sectors.
In conclusion, the EU’s focus on mitigating the risks of weaponized technology and reducing reliance on China’s raw materials highlights the significance of economic security and technology sovereignty. As the assessments of critical technologies progress and legislation is being prepared, the EU is aiming to safeguard its economy and maintain its competitive edge in the global technological landscape.
