Foreign Press Center Briefing on "Funding for International Partnerships Through the CHIPS Act"

Video Description

Washington Foreign Press Center Briefing Foreign Press Center Briefing on "Funding for International Partnerships Through the CHIPS Act," on March 15, 2023. Transcript: https://www.state.gov/briefings-foreign-press-centers/funding-for-international-partnerships-through-the-chips-act Today's briefers are Ramin Toloui, Assistant Secretary of the Bureau of Economic and Business Affairs and Nathaniel C. Fick, Ambassador at Large Bureau of Cyberspace and Digital Policy. In August 2022, President Biden signed the CHIPS and Science Act, to strengthen U.S. industries, bolster global supply chains, and protect vital national and economic security. The bill established the International Technology Security and Innovation Fund (ITSI), which provides the State Department with $500 million over five years to partner with key allies and partners to promote secure and trustworthy Information and Communications Technologies (ICTs) and to ensure a more secure and resilient global semiconductor supply chain. ---------- Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world. The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President's chief foreign affairs adviser. The Secretary carries out the President's foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development. Get updates from the U.S. Department of State at www.state.gov and on social media! Facebook: https://www.facebook.com/statedept Twitter: https://twitter.com/StateDept Instagram: https://www.instagram.com/statedept Flickr: https://flickr.com/photos/statephotos/ Subscribe to the State Department Blog: https://www.state.gov/blogs Watch on-demand State Department videos: https://video.state.gov/ Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw State Department website: https://www.state.gov/ Careers website: https://careers.state.gov/ White House website: https://www.whitehouse.gov/ #StateDepartment #DepartmentofState #Diplomacy