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TTC: EU and US to take closer look at foreign investments

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Published: May 26th, 2023,
Last updated: May 26th, 2023

The European Union and the United States want to align their approach to foreign investment in sensitive technologies. The goal, they say, is to prevent „the capital, expertise and knowledge of our companies from supporting the technological progress of strategic competitors in a way that endangers national security„. That’s according to a draft of the Trade and Technology Council’s (TTC) final statement for next week, obtained by Table.Media.

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EU USA Artificial intelligence TTC Europäische Kommission