The US Department of State announced it has developed a “strategic framework” for utilizing $500 million allocated to advance US national and economic security policy priorities.
The International Technology Security and Innovation Fund (“ITSI Fund”) appropriated under the CHIPS Act (Creating Helpful Incentives to Produce Semiconductors) of 2022 provides the Department of State with $500 million ($100 million per year over five years, starting in Fiscal Year 2023), a State Department factshe...
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