Taiwan Tells BIS It Will Strengthen Chip Controls, Investment Screening
Taiwan is offering to impose more stringent export controls and investment screening measures to prevent “high-risk countries” from obtaining sensitive semiconductors and other critical technologies, the country’s government told the Bureau of Industry and Security.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Taiwan, submitting public comments to BIS last month on the agency’s Section 232 investigation of imported chips and chip equipment (see 2504150060), said it’s “willing” to work more closely with the U.S. to secure semiconductor supply chains and to prevent “non-market behaviors from posing risks to global technological development and the international economic and trade order.” It said it will “extend” export controls on semiconductors and take steps to “prevent the outflow of national critical technologies.”
That could include “more rigorous investment screening mechanisms” or better measures to regulate post-investment changes in ownership involving a company working on a critical technology. “This will mitigate the risk of unauthorized technology transfer,” Taiwan said.
It said it plans to update its list of “National Core Key Technologies and implement effective security management over capital flows, trade of goods, and personnel movements related to such critical technologies." Taiwan also said it's committed to creating an “information-sharing mechanism” with the U.S. “This will enable both countries to swiftly take coordinated action against suspicious trade activities and prevent illicit attempts to circumvent controls,” Taiwan said.