EU Initiates Major Tech Push to Reduce Dependence on US and China

The European Union has launched a significant initiative to boost its technology sector. This major push aims to reduce the bloc's dependence on technology from the US and China. The strategy focuses on developing critical technologies within European borders. Strengthening digital sovereignty is a primary motivation behind this new policy direction. The EU seeks to secure its supply chains and technological infrastructure independently. This move reflects growing geopolitical concerns regarding global tech dominance. Investment in local innovation is expected to be a key component of the plan. The initiative signals a shift towards greater self-reliance in the digital economy.