EU backs U.S. tech trade declaration after French concerns

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BRUSSELS (Reuters) - European Union governments committed to a joint EU-U.S. declaration on technology cooperation on Wednesday, just in time for a key transatlantic meeting, after France threatened to block it unless it was watered down, EU diplomats said.
Senior U.S. and European Union officials aim to discuss semiconductor shortages, artificial intelligence and tech competition issues at the inaugural meeting of the Trade and Technology Council (TTC) on Wednesday.
The TTC meeting had been in doubt last week because of French anger over Australia's scrapping of a $40 billion submarine contract and decision to opt instead for a deal with the United States and Britain to buy nuclear-powered vessels.
EU diplomats said France wanted to strike out a reference to a second meeting in spring 2022, when the French presidential election will take place.
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