Dutch Government Weighs ASML's Economic Interests Amid Export Rule Tightening

Dutch Prime Minister Dick Schoof emphasized the importance of ASML's economic interests when considering stricter export rules of computer chip-making equipment to China. Schoof highlighted ongoing discussions and expressed concerns about potential damage to ASML's global position if restrictions were to negatively impact the company.


Devdiscourse News Desk | Updated: 30-08-2024 20:36 IST | Created: 30-08-2024 20:36 IST
Dutch Government Weighs ASML's Economic Interests Amid Export Rule Tightening
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The Dutch government will consider ASML's economic interests in its decision-making regarding stricter export rules for the company's computer chip-making equipment to China, Prime Minister Dick Schoof announced on Friday.

Schoof noted that constructive talks are ongoing and emphasized the need to balance these economic interests against other risks. He underscored the significant importance of ASML to the Netherlands, stating that the innovative industry's global position must not be compromised under any circumstances.

The Prime Minister's remarks come amid discussions about further tightening export regulations that could potentially affect ASML, a key player in the global semiconductor market.

(With inputs from agencies.)

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