Regulatory Measures on Goods and Services in the Quantum Computing Industry - Journal of World Trade View Regulatory Measures on Goods and Services in the Quantum Computing Industry by - Journal of World Trade Regulatory Measures on Goods and Services in the Quantum Computing Industry 59 6

In the last ten years quantum technology has attracted billions of dollars worth of investment. Propelled by the promises of significant speed-ups in calculating chemical interactions, improvements in sensor technology, and obliterating the cryptographic protocols that currently secure our internet communication, dozens of states have launched national training programmes to educate the next cohort of scientists and engineers. These shifts can reshape the world’s military and security landscape. How to manage the approach to the quantum future is now a pressing policy agenda, and the go-to approach has been to apply trade-restrictive measures. In this article we report on the pathways made possible to trade restriction by international trade law and show that through the application of its export licensing scheme, the US has effectively divided the world into four groups, applying pressure on other states to match its export policies. China, which belongs to an unfavourable group, is forced to seek technology sovereignty and has responded with its own export policy and controls on raw materials. We analyse this dynamic in terms of global trade, through the perspective of General Agreement of Tariffs and Trade/ World Trade Organization (GATT/WTO) and conclude by asking whether we are witnessing the last stages of international trade as a rule-based system. 

Journal of World Trade