EU to Focus on Export Controls, Critical Tech in Security Plan
- A list of critical goods could be ready by autumn, draft says
- Commission to table outbound investment proposal by year-end
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The European Union will propose new oversight on critical technologies that can be used for military purposes and it will aim to table by the end of the year a proposal to curb outbound investments that could threaten the bloc’s security.
The European Commission, the EU’s executive arm, will propose as part of its new security strategy a list of dual-use technologies for risk assessment that could be adopted by member states as soon as September, according to a draft of the document seen by Bloomberg News. It will also seek to coordinate export controls across the bloc.