Home / News / Europe / The EU appealed to the WTO ban of Indonesia to export Nickel ore

The EU appealed to the WTO ban of Indonesia to export Nickel ore

Europe

28 October Indonesia announced the immediate ban on the export of Nickel ore, which is the main raw material for production of stainless steel.

The EU appealed to the WTO ban of Indonesia to export Nickel ore
Фото: Еврокомиссар по торговле Сесилия Малмстрем

European Union filed a complaint with the world trade organization (WTO) to limit Indonesia's exports of raw materials used to produce stainless steel, according to the European Commission on Friday.

Commission, which coordinates trade policy in the EU consisting of 28 countries, said that the restrictions unfairly limit the access of EU producers, in particular, to Nickel as well as scrap metal, coal and coke, iron ore and chrome.

the Commission also challenges the subsidies that encourage Indonesian producers to use local rather than imported content, is in violation of WTO rules.

the European Commissioner for trade Cecilia Malmstrom said that the measures Indonesia jeopardize further work in the steel sector in the EU.

"Despite our concerted efforts, Indonesia has maintained measures and even announced a new ban on the export of January 2020", - reads the statement of the European Commission.

Indonesia, the world's largest exporter of Nickel ore, earlier this year announced the introduction of restrictions on exports in an effort to stimulate the development of processing enterprises in the country. Local companies received quotas for the export of Nickel, and in September it became known that the authorities will allocate additional quota until December 31.

However, 28 Oct Indonesia stopped some of the ships, the export of Nickel, considering that the exports exceed the country's limits.

for the First time a ban on the export of Nickel ore was introduced by Indonesia in 2014, but in 2017 it was partially repealed for companies that have pledged to build manufacturing capacity in the country.

Сomments
Add a comment
Сomments (0)
To comment
Войти с ВК Войти с ФБ Войти с Яндекс
Sign in with:
Войти с ВК Войти с ФБ Войти с Яндекс