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

News
3 Sep 2026

Engaging with the Mexican Ambassador on stronger trade ties

On Wednesday, 2 September 2026, Malte Lohan, CEO, AmCham EU met with Esteban Moctezuma Barragán, Mexican Ambassador to the European Union, Belgium and Luxembourg, for an introductory meeting to exchange views on the transatlantic business relationship. Discussions focused on opportunities to deepen EU–Mexico economic ties following the signature of the Modernised Global Agreement and interim trade agreement earlier this year. AmCham EU looks forward to continued engagement with Ambassador Moctezuma and to supporting closer EU–Mexico economic cooperation.

Read more about Engaging with the Mexican Ambassador on stronger trade ties
News
27 Jul 2026

Turnberry Deal has brought a degree of predictability to transatlantic trade and investment, anniversary survey finds

Transatlantic
Read more
Read more about Turnberry Deal has brought a degree of predictability to transatlantic trade and investment, anniversary survey finds
Position Paper
24 Jul 2026

Integrating the EU nexus approach into CS3D guidance

The European Commission’s forthcoming guidance on the Corporate Sustainability Due Diligence Directive (CS3D) should:

  • allow companies to voluntarily prioritise chains of activities with a meaningful connection, which should be further defined in the guidance, to the EU or based on a global risk-based approach in cases where companies have global integrated supply chains;

  • recognise that companies may face conflicting or overlapping legal requirements between EU and third-country legislation, particularly in relation to information gathering, audits, data transfers, supplier disengagement and cooperation with authorities;

  • clarify how companies should document and manage circumstances in which third-country law restricts or prevents a due diligence measure;

  • recognise interactions with competent local authorities, regulatory inspections, permits, licences and other official approvals as potentially relevant sources of due diligence information; and

  • protect companies from liability where they have followed a reasonable, documented and good-faith process, including where another stakeholder might have prioritised risks or selected due diligence measures differently.

  • If these measures are included in the guidance, they would help the CS3D deliver meaningful and effective due diligence, rather than an exhaustive mapping of every global business relationship. Flexibility, proportionality and legal certainty can help companies progressively develop credible global systems while directing resources towards the most significant risks and the areas where they have the greatest ability to achieve positive outcomes.

Learn more in our contribution and paper.

Corporate sustainability
Read more
Read more about Integrating the EU nexus approach into CS3D guidance