EU dropped aluminium scrap duty plan over India concerns, sources say

EU dropped aluminium scrap duty plan over India concerns

The European Union abandoned a proposal for an export duty on aluminium scrap over concerns it could complicate the final signature of a free trade deal with India, sources familiar with the discussions said. Instead of the duty, which aimed to preserve Europe’s smelting industry and support sustainability goals, the EU will rely on its […]

EU drops aluminium scrap export duty to boost India trade deal

The European Union has scrapped its plan to impose an export duty on aluminium scrap, removing a significant friction point in the ongoing free trade agreement (FTA) negotiations with India. The decision shifts the EU's approach from a direct fiscal levy to the application of environmental regulations to monitor and manage the outflow of scrap metal. The reversal comes after sustained pressure from New Delhi and internal EU deliberations. For In…

EU dropped aluminium scrap duty plan over India concerns, sources say

The European Union has dropped a proposed export duty on aluminum scrap. This decision was made to avoid complicating a free trade agreement with India. The EU will now use environmental rules to manage scrap exports instead of the levy. This reversal follows internal negotiations and pressure from India. The EU aims to finalize its trade deal with India in December.