Setting the stage for the Chips Act

On Monday, 13 February, the European Parliament has confirmed the mandate of the Rapporteur to start negotiating its position on the European Chips Act with the Council of the European Union. AmCham EU welcomes this development and praises the efforts made by all the political groups within the European Parliament to build broad consensus on the report. The EU Chips Act will foster investments that the EU urgently needs in innovative semiconductor manufacturing to strengthen Europe’s resilience. 

News
14 Feb 2023
Setting the stage for the Chips Act

In order to achieve this, we call for the following points to be considered by policymakers during the trilogues.

Firstly, a clearer timeline for state-aid applications approval by the European Commission and fast-track permits procedures in Member States will help timely develop a more geographically diversified, sustainable and resilient semiconductor supply chain in Europe.

Secondly, it will be crucial for some additions to be kept within the final text, such as a definition of ‘crisis’,  strong ‘last resort’ safeguards in pillar 3, a narrow list of critical sectors and a ‘right to be heard’ for manufacturers subject to emergency measures.

Thirdly, AmChamEU supports amendments aimed at further strengthening international cooperation with likeminded third countries (i.e. the US) and the robust involvement of industry in the EU Semiconductor Board activities.

AmCham EU stands ready to support EU policymakers and encourages a swift adoption of the Act.

Related items

A group of people standing on the steps outside the US Capitol building under a cloudy sky.
News
5 Oct 2026

Making the case for the transatlantic relationship in Washington, DC

From Monday, 28 September to Thursday, 1 October 2026, AmCham EU led a delegation of members to Washington, DC to bring the views of the business community to policymakers in Congress and the administration. Discussions showed that both sides value the stability the Turnberry framework agreement brings. While parts of the agreement remain to be implemented, meetings pointed to the possibility for cooperation on economic security. Implementation will continue to need dialogue between the two sides, which is expected to carry on after the mid-term elections.

Transatlantic
Read more
Read more about Making the case for the transatlantic relationship in Washington, DC
News
29 Sep 2026

Building trust without slowing innovation

At RAID 2026, Thibaut L’Ortye, Chief Policy and Public Affairs Officer, AmCham EU joined a panel discussion on EU-US regulatory approaches to technology. Taking place on Tuesday, 29 September 2026, the discussion explored how transatlantic cooperation can focus on shared outcomes rather than identical rulebooks, including on cybersecurity, AI safety, consumer protection and resilient supply chains. Mr L’Ortye also highlighted the wider conditions needed to strengthen Europe’s competitiveness.

Industry
Simplification
Read more
Read more about Building trust without slowing innovation
Position Paper
25 Sep 2026

Closing the gap between customs and VAT rules

The reform of the Union Customs Code changes who is treated as the ‘importer’ when a non-EU company uses an indirect customs representative. That creates a problem under the EU VAT Directive, which links import VAT deduction to being identified as the importer or consignee. In practice, the non-EU company may no longer meet that requirement, while the customs representative may not qualify for the deduction either.

That could leave import VAT irrecoverable and create uncertainty for businesses using established import models. The Commission should ensure that the non-EU principal can still be identified in customs data for VAT purposes and fix the mismatch between the UCC and the VAT Directive.

Learn more about what changes are needed to keep import VAT deductibility workable under the new customs framework.

Read more about Closing the gap between customs and VAT rules