1、Jari KinaretMarch 20,2024CHIPSJOINTUNDERTAKINGEUROPEANPARTNERSHIPWHAT IS CHIPS JOINT UNDERTAKING?Jari Kinaret 20 March 2024Public-private partnership(PPP)Partnerships between public authorities and industry intend to bring project results closer to the market and improve the link between research an
2、d societal growth.The PPPs are based on long term contracts that can take many different legal forms,from contractual partnerships to specific legal entities.Joint undertaking(JU)A Joint Undertaking is an institutionalized PPP with its own legal identity,with its own governance,budget etc.In most ca
3、ses,like for the Chips JU,the JUs are established by an EU regulation called the Single Basic Act which defines what the JU has to do and how it must do it.Most of the rules governing the JUs are very similar to those of the European Commission.Chips JUChips JU was established in September,2023,in a
4、n amendment to the Single Basic Act to implement the first pillar of the Chips Act and to continue the activities of its predecessors in the field of electronic components and systems(ECS).The Chips JU is a tri-partite partnership between the EC,the participating states and European industries;most
5、of our actions are funded jointly and equally by these actors.EUROPEANPARTNERSHIPCHIPS ACT:ENTRY INTO FORCE,21 SEPTEMBER 2023SIGNATURES 13 SEPTEMBER,PUBLICATION 18 SEPTEMBER 2023Roberta Metsola(European Parliament President)Jos Manuel Albares Bueno(Council Presidency)https:/eur-lex.europa.eu/eli/reg
6、/2023/1782/oj Single Basic Act amendment:https:/eur-lex.europa.eu/eli/reg/2023/1781/oj Chips Act:Jari Kinaret 20 March 2024EUROPEANPARTNERSHIPTHE 3 PILLARS OF THE CHIPS ACTPillar 3Monitoring and Crisis Response Monitoring and alerting Crisis coordination mechanism with MS Strong Commission powers in