circular economy,  compliance e AEO

Negotiations on EU-US Critical Minerals Agreement

Agosto 2, 2023 /

The EU Council published on 20 July 2023 a press release where it annouces that:

  • The Council adopted a decision authorising the Commission to: a) open negotiations, on behalf of the EU, with the United States on a Critical Minerals Agreement (CMA); b) release the related negotiating directives.

The goals are to strengthen critical minerals supply chains and mitigate some of the negative repercussions of the US Inflation Reduction Act (IRA) on EU industry.

The next steps will be:

  • The EU Council has to provide for a mandate to Commission;
  • the Commission will be able to engage in formal negotiations with the US with a view to concluding the agreement in the near term;
  • the agreement would need to be adopted by the Council.

The impacts can be on: automotive, renewable energies, high tech, telecomunication, power generation industries.