Italy – Yomiuri newspaper reported that the Group of Seven (G7) international locations intend to ascertain widespread requirements for the provision of products and supplies important to trade, reminiscent of semiconductors.
In accordance with the newspaper, this merchandise might be included within the joint assertion of the Group of Seven summit, which might be held in Italy on June 13 and 15.
The G7 international locations plan to ascertain widespread rules for interplay to keep away from dependence on particular international locations, and to formulate primary standards for choosing suppliers with a purpose to obtain diversification and transparency. As well as, the G7 considers it needed to scale back the dangers of disruption to provide chains when buying and selling in semiconductors, in addition to broaden measures to guard information and fight cyber assaults.
One other level within the technique is to strengthen cooperation with international locations that play an essential position within the provide of primary items and supplies, and which don’t belong to the G7.
The newspaper confirms that the primary cause why the Group of Seven is specializing in the necessity to pay larger consideration to financial safety and semiconductor provides is to strengthen China’s place within the chip market and electrical automobiles.
Earlier, Bloomberg reported that the US authorities had notably expressed its considerations to its Taiwanese and Dutch companions in regards to the destiny of high-tech factories within the occasion of an assault on the island by China.
Supply: TASS
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2024-06-14 15:42:16