Netherlands refuse to accept American requirements to limit supply of equipment for production of chips

The Minister of Trade of the Netherlands, Lisier Schrinemacher, announced that the new US export rules introduced in October are changing the “Rules of the Game” and the Netherlands do not accept these restrictions on the export of technologies for the production of chips in China. She also said that the Netherlands are consulting with European and Asian allies. The largest company of the Netherlands ASML Holding, which is a key supplier of equipment for the production of semiconductors, previously introduced the ban on the supply of its most modern equipment to China due to pressure from the Trump administration, but in 2021 ASML sold old equipment in the amount of 2 billion euros

The Minister of Trade of the Netherlands, Lisier Schrinemacher, said that the United States has reason to worry about its dependence on Asia, where 80% of the production of advanced chips and fears for their use for military purposes against the Netherlands occurs. She also said that the Netherlands are negotiating with the allies in Japan, South Korea, Taiwan, Germany and France. Shrinemacher noted that Germany has economic interest in this situation, as it is the main supplier for ASML.

/Media reports cited above.