After over a year of anticipation, on August 9, 2023, President Biden issued an Executive Order (“EO”) outlining a new regulatory regime for outbound investments from the United States..
On August 9, 2023, President Biden issued Executive Order 14105 “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern.”.
The US slipped from producing nearly 40% of the world s chips to just over 10% in the last three decades. By allocating $53 billion towards the enhancement of US semiconductor manufacturing, R&D and the augmentation of its skilled workforce in the domain, the Act sought to change China s comparative advantage
President Biden issued a long-awaited executive order, “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern” (the.
On August 9, 2023, U.S. President Joe Biden signed an Executive Order ("EO") titled "Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concerns,".