Whilst reviewing the report released by the US Department of Commerce (DoC) on the effect of imports of aluminium on national security, European Aluminium reconfirms its belief that the root cause of the main challenges faced by the aluminium industry is global excess capacity, in particular in China. Potential measures should address these imbalances without distorting global trade flows and interfering with the current trading relationship between the United States and Europe.
The Commission today imposed definitive anti-dumping duties on corrosion resistant steel from China.
In early 2014, Russia violated international law by annexing Crimea and allegedly fomenting separatist uprisings in the eastern Ukrainian region of Donbas. The European Union, the United States and several other Western countries responded with diplomatic measures in March 2014, followed by asset freezes and visa bans targeted at individuals and entities. In July 2014, sanctions targeting the Russian energy, defence and financial sectors were adopted. These sanctions have not swayed Russian public opinion, which continues to staunchly back the Kremlin’s actions in Ukraine. Despite Western efforts to isolate Russia, the country is playing an increasingly prominent role on the global stage. On the other hand, sectoral sanctions have proved painful, aggravating an economic downturn triggered by falling oil prices, from which the country has only just begun to recover.
On 21 December 2017, the Council prolonged economic sanctions targeting specific sectors of the Russian economy until 31 July 2018.
Update: the draft minutes have been revised. A items are also available and cover issues related to energy, climate, environment, trade and transport policy.
Ministers discussed four legislative files under the clean energy package: the Regulation on governance of the Energy Union, Directive on the promotion of energy from renewable sources, directive on common rules for the internal market in electricity and the Regulation on the internal electricity market. They agreed on a general approach for each of the files. Under AOB, the agenda included information from the Commission on external energy relations and information from the Bulgarian delegation on the work programme of the incoming Presidency.
Agenda items concern energy & climate and environment, digital, trade and transport policy.