EU stronger trade relations with like-minded partners (i.e. Canada, Australia, the US, the UK, Norway and Japan, among others) help secure access to critical raw materials and reduce supply chain risks in the metals sector.
Foreign dominance in key strategic areas, such as China’s position as the main global actor in the production of processed minerals and metals, exposes the EU non-ferrous metals industry to possible supply crises.
At a time of growing geopolitical instability, effective EU trade relations with strategic partners that support the WTO and multilateral cooperation can help uphold a rules-based international trading system and protect the EU’s deeply integrated overseas supply chains.
We champion deeper cooperation with other like-minded partners by: