00:01The European Commission has presented on Wednesday a sweeping tech sovereignty package
00:06to boost homegrown technologies and reduce dependency on American and Chinese companies.
00:12The digital market is dominated by U.S. giants such as Google, Microsoft and Apple,
00:19and Chinese conglomerates such as Alibaba and TikTok owner Bytex.
00:24We live in a world where geopolitics and technology go hand in hand.
00:28Those who champion technological innovation will shape the future.
00:33And we must ensure that Europe plays a leading role in this.
00:37Today, we simply rely on non-EU providers for over 80% of our digital products, services and infrastructure.
00:47And this is a huge problem for Europe's security of supply.
00:51The main target of the Commission's proposal is the cloud sector,
00:55which provides the physical infrastructure underpinning most digital services.
01:00The draft law introduces four different levels of digital sovereignty that public authorities must consider when purchasing cloud services,
01:08depending on how sensitive the use case is.
01:12The highest tier, covering sectors such as defence and healthcare, would effectively bar non-European companies from winning public contracts.
01:20The aim is to prevent a so-called kill switch scenario, the risk that a foreign government might simply cut
01:27off access to hospitals or fighter jets.
01:31Europe also needs to catch up on chips, the fundamental components at the heart of almost every electronic device.
01:38After the first CHIPS Act, which aimed at bringing semiconductor factories back to Europe through state subsidies,
01:45the Commission is trying again, this time focusing on stimulating demand for European chips,
01:51in the assumption that supply will follow.
01:54the first CHIPS Act with the four-point 20% of the EU Oypsies network's system,
01:55Besides the US Main Street and the other at the University of Hong Kong International,
01:55the United States of New York has taken up at a national level of Digital Coordination Leather,
01:55The EU is one of the WHO's trade-Brien.
01:56The EU is coming to the EU.
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