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Stock impact report

Netherlands Proposes Stronger EU Export Control Coordination After ASML Episode [BNN Bloomberg (Canada)]

ASML Holding N.V. - New York Registry Shares (ASML) 
Last asml holding n.v. - new york registry shares earnings: 4/15 01:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
applies a new economic security plan to limit sales of sensitive technologies to China. The Hague called for closer cooperation from the earliest stages of any new restrictions, including the possibility of establishing co-sponsored national control lists, according to a draft document seen by Bloomberg News. It follows an episode last year where Dutch authorities sprung limits on exports of equipment from ASML Holding NV — a manufacturer with a near-monopoly on the machines needed to make advanced semiconductors — and European governments declined to follow step. The proposal, to be submitted to the Dutch parliament on Thursday, aims to improve the implementation of the Dual-Use Regulation, a key instrument aimed at boosting the EU's economic security. The measures wouldn't require any legal changes and national governments would retain their authority in this field rather than Brussels, a factor that has hindered closer cooperation at the EU level. The Dutch government came Show less Read more
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