Jan 25 (Reuters) - Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturi

Exclusive: Dutch officials headed to Washington to talk controls on chipmaking gear - sources

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2023-01-26 01:30:07

Jan 25 (Reuters) - Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear to China, with a deal possible by the end of the month, according to two sources familiar with the matter.

A deal could be announced as soon as Friday if the two sides can agree on the details, said one of the sources, speaking on condition of anonymity. The source added that it was possible that any deal reached might not be announced immediately.

The Biden administration in October published wide-ranging export controls, including measures tightly restricting Chinese access to U.S. chipmaking technology, as part of an effort to slow Beijing's technological and military advances.

But it has not yet convinced key allies, most notably the Netherlands and Japan, to implement similar equipment curbs seen as essential to making the restrictions effective.

The Netherlands is home to ASML Holding (ASML.AS), the world's leading maker of lithography equipment, which is critical for making semiconductors.

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