EU plans risk analysis for security-relevant technology areas to minimize risks in the context of geopolitical tensions.

EU plans risk analysis for security-relevant technology areas to minimize risks in the context of geopolitical tensions.

According to a report by www.volksstimme.de, the EU Commission is planning a comprehensive risk analysis in four security-related technology areas to tackle the growing rivalry with China. This involves artificial intelligence, modern semiconductor products, bio- and quantum technologies. The analysis should include potential protective measures such as export controls or reducing dependence on suppliers.

As a financial professional, it is important to analyze the potential impact of this risk analysis. This could mean significant changes, particularly for the market for technology and semiconductor products. Export controls and reducing dependence on certain suppliers could lead to increased efforts in the EU to produce these technologies more domestically and to rely less on external supplies. This could lead to increased competition within the EU, but also reduce dependence on external markets.

The impact on the financial sector could also be significant, as companies may have to reorganize their supply chains and production sites to accommodate the potential protective measures. This could lead to increased capital requirements and impact financial markets.

It is important to monitor further developments in this area as they could have a significant impact on the market and the financial industry. The EU Commission will carry out the risk analysis in close cooperation with Member States and the private sector, which suggests a comprehensive review and potential implementation of protective measures in the near future.