AI, 6G, semiconductor supply chains and critical minerals were all discussed at the recent EU-US Trade and Technology Council (TTC), with concerns that a victory for Republican candidate Donald Trump in this year's election would put an end to such cooperation.
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The TTC's sixth ministerial meeting in Belgium aimed to hammer out a number of key issues between the two regions, amid a backdrop of "significant geopolitical developments and challenges", according to a joint statement on the talks.
Previous meetings had seen an agreement to coordinate semiconductor supply chain resilience efforts, such as an early warning mechanism to identify potential disruptions, and a transparency mechanism to share information about the support each gave to its own chipmaking sector.
The two said they intend to extend these arrangements for three years to further collaborate and "establish synergies" between the investments now being made under the EU Chips Act and the US CHIPS Act.