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German Government Approves New Material Strategy

2010/10/25 10:55:00 56

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On the same day, the German federal cabinet approved the new strategy of raw materials submitted by Minister of economic affairs Bruederele.

The strategy involves mainly non energy mineral raw materials, such as rare earths that are important to the electronics industry.

Bruederele said, "the supply of industrial raw materials is of great importance to Germany's high-tech strategic position.

We have laid a solid foundation through the high-level raw material dialogue and the raw materials department established in October 4th.

The strategy of raw materials submitted today is aimed at further ensuring the supply of raw materials in Germany to cope with the new demand.

Global challenges

In particular, to cope with increasingly fierce international competition for important industrial raw materials. "

New

Raw material

The strategy supports the German economic community in many ways to develop raw material sources, including the following measures:

1. guarantee financing and direct investment;

2. relying on the geological survey and research work of the Department of materials of the Federal Institute of geo science and materials, and providing corresponding consultation.

3. to provide political support for international raw material projects through the global network of foreign trade promotion.

4. improve the efficiency of raw material acquisition and processing and the recycling rate of second-hand raw materials. For this purpose, the Federal Department of education and research funded the establishment of relevant research institutes in the Helmholtz Federation to enhance research and development.

5. set up bilateral with countries with rich raw material reserves

Raw material

In partnership, the goal of German foreign policy, economic and development policy will be closely integrated.

6. monitor the financial pactions and pactions in the raw material market in accordance with the economic law, so as to identify and correct the unhealthy development trend of the raw material market as early as possible.

7., in bilateral dialogues with raw materials, reducing the trade distortions in the international raw material market is the core theme of foreign trade and taking decisive measures with other EU Member States.

8. supports the efforts of the European Commission to improve EU industrial raw material protection;

9., strengthen training and reeducation for foreign professionals and management personnel in the field of raw materials.

10. bring the important issues of raw materials to the agenda of the G8/G20 conference.

In addition to the economic problems of raw materials, the strategy also includes principles and objectives of foreign affairs, development and environmental policies, aimed at avoiding conflicts caused by shortages of raw materials and reducing environmental hazards.

The strategy is complementary to the European Commission's raw material initiative.