Síkela: EU should consider raw materials reserves system

The European Commission should mull the introduction of a Europe-wide strategic system of reserves of raw materials whose importation the EU is most dependent on, says the Czech minister of industry and trade, Jozef Síkela. He told reporters that representatives of EU states had agreed on this at a meeting in Prague on Monday organised by his ministry as part of Czechia’s ongoing presidency of the EU.

Mr. Síkela said the US and some other countries already had such a system in place.