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EU and Ukraine cooperate to reduce dependence on Russian raw materials

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The European Commission and the Ukrainian government have called for an urgent reduction of the European Union dependency After the war on Moscow’s resources from other countries to obtain critical raw materials and Ukraine has significant reserves, it promised to strengthen its cooperation in this area. Signed by kyiv this tuesday Memorandum of Understanding With the European Bank for Reconstruction and Development to modernize the management of Ukrainian geological data, after they sealed with the EU in July 2021 a Strategic Agreements in raw materials.

“The European energy crisis caused by Gazprom’s manipulation actions and blackmail showed us that severe dependence on a single supplier has disastrous consequences, so we must prevent a repetition of a similar situation in the raw materials sector. Future crises“The President of Ukraine said, Reject Schmyhal.

During his telematic intervention at the conference on raw materials held in Brussels, the president of Ukraine explained that the Russian aggression has forced him to postpone the plan to realize a strategic alliance with the European Union in 2022, but he defended that Ukraine can be an important partner for twenty-seven. Ukraine was among the ten last year The world’s largest producer of materials such as titanium, magnesium, zirconium or graphite, and contains deposits 20 out of 30 minerals Recognized as critical by the EU.

“We are ready Join the effort together with the EU to strengthen strategic autonomy and achieve complete independence from Russian resources”, said Schmihl, who called on his country to make the legislation on critical raw materials “a core part” of the legislation that the European Commission will present. In the first quarter of 2023. For European Commission Vice President Maros Sefcovic, the association between the EU and Ukraine can “give. Fruits reciprocal”.

On the one hand, it will help Ukraine “bring its policies and regulatory framework for the EU, as well as to better develop and integrate their value chain in raw materials and batteryTwenty-seven will benefit more from the single European market, while “creating momentum for restructuring, economic growth and employment.” diversification Sources of their raw materials and a Reinforcement According to Sefcovic, it is its industrial base and “know-how” that is “crucial for maintaining global competitiveness”. “Working together with like-minded countries like Ukraine, but also the United States, Canada, Norway, Greenland and Western BalkansWe can prevent critical raw materials from being used as a weapon”, said the Community Vice President.

It requires raw material which is considered critical Environmental and digital transition, as they are used in everything from solar panels to wind turbine blades, go through the bulk of digital devices. Among them are titanium, lithium, magnesium or rare earths. China is the main supplier of a good part of it, especially rare earths, but Russia, for example, is the largest supplier European palladium, required for Make the chips.

Source: lainformacion.com

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