50 Days
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الاقتصادية
Source: الاقتصادية
50 Daysالاقتصادية
Source: الاقتصادية
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The European Union has canceled the imposition of tariffs on aluminum scrap exports amid concerns that such measures could hinder the signing of a free trade agreement with India, which had requested easing restrictions. The proposals had included a 15% duty for three years on scrap exports, with exemptions for 91 countries, including India—the largest importer—that also asked for reduced restrictions. The decision reflects divisions within the European Commission and aims to preserve the European aluminum industry, amid increasing pressure on European smelters caused by rising scrap prices and energy costs. It also indicated that efforts would continue to regulate waste shipments instead of imposing direct tariffs, albeit with limited guarantees regarding the effectiveness of these rules in preventing circumvention. The new regulations will ban the export of non-hazardous waste outside the Organisation for Economic Co-operation and Development (OECD) starting from 2027.
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