10,208.65 TRY BIST 100 BIST 100
4.50 CNY CNY CNY
34.67 EUR EUR EUR
32.38 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.27 TRY Interest Interest
83.94 USD Fossil Oil Fossil Oil
26.74 USD Silver Silver
4.50 USD Copper Copper
117.55 USD Iron Ore Iron Ore
386.00 USD Ship Dismantling Ship Dismantling
2,402.11 TRY Gold (gr) Gold (gr)

Eurasian Economic Commission removes barriers to scrap metal trade within the EEU

At its meeting held on 11 July 2023, the Executive Board of the Eurasian Economic Commission (EEC)...

Eurasian Economic Commission removes barriers to scrap metal trade within the EEU

The Executive Board of the Eurasian Economic Commission (EEC) at its meeting on 11 July 2023 concluded that the barrier related to restrictions on the wholesale trade in scrap and waste of ferrous and non-ferrous metals in the Republic of Belarus has been completely eliminated. The EEC press service reported that this barrier was removed from the list of barriers in the internal market of the Eurasian Economic Union (EAEU).

Earlier, on 24 November 2020, the EEC Board had recognized this restriction as an obstacle. Monitoring by the Commission revealed that only certain economic entities of the Republic of Belarus are granted the right to collect scrap and waste of ferrous and non-ferrous metals and export them outside the country. This created restrictions for legal entities from other EEU countries.

According to the information provided by the Ministry of Economy of the Republic of Belarus, amendments to regulatory legal acts have been introduced to eliminate restrictions that are incompatible with Union law.

Varos Simonyan, EEC Minister for Internal Markets, Informatisation and ICT, noted that the removal of the barrier in the field of trade in services is another step towards the smooth functioning of the Union's internal market.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

European scrap market recovers

Friday, May 3, 2024

India's HRC activities remain stagnant in the European market

Thursday, May 2, 2024

Decline in China's willingness to buy Russian coal

Thursday, May 2, 2024

Acciaierie d'Italia plans to increase crude steel production

Thursday, May 2, 2024

Iron ore will remain above $100 this year

Thursday, May 2, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now