Foreign Direct Product Rule
26-08-2023
12:08 PM
1 min read
Overview:
US aims to control China's chip industry with its Foreign Direct Product Rule (FDPR).
About:
- Recently US officials applied FDPR to China's advanced computing and supercomputer industry to stop it from obtaining advanced computing chips.
- The foreign direct product rule, or FDPR, was first introduced in 1959 to control trading of US technologies.
- It essentially says that if a product was made using American technology, the US government has the power to stop it from being sold – including products made in a foreign country.
Source : Indian Express