The EU wishes to reduce raw material import tariffs improve manufacturing competitiveness

Recent European media reports, recommendations to the EU, Italy has, the lower part of the raw materials import tariffs to help European industry ride out the storm. Italy's economic development Deputy Minister Salemi said, "this policy can help European manufacturer with its competitors, raw materials purchased for the same price. In the current situation, this European manufacturers and consumers, is hungry. "

EU, Italy has been based, secrecy a contains 92 species list of raw materials, prepared for the cancellation or substantial reduction of import duties, implementation period is 2-3 years. Specific products for the food processing, pharmaceuticals, cosmetics, chip and packaging materials for chemical and mineral raw materials; iron and steel production and automobile manufacture the required materials; production of leather required sheep, cattle, pigs, horses and other livestock; tropical timber, pig iron, aluminium and 26 types of yarns and fabrics. These raw materials involved in the production of iron and steel production, cosmetics, footwear, textile manufacturing, furniture manufacturing, automobile manufacturing, and other European industries.

At present, the EU's 27 countries have not yet reached consensus on the list. United Kingdom, Netherlands, Sweden, Czech Republic, and other free trade bloc countries supported the proposal of Italy; and in France, Germany, Spain and Italy as a result of manufacturing structure, similar to oppose the presence of competition in Italy. The media says, the policy of reducing raw materials import tariff on finished products, while maintaining a higher tariff, may cause the alert to the developing countries, and even does not preclude the possibility of developing countries in order to maintain a competitive advantage and take relevant trade retaliation measures. EU, a bit reluctant to disclose the names of the officials said that the EU can dismiss Italy's recommendations, you can also prepare a list again, but unless all Member States to reach a compromise, it is impossible to formulate the policy in the European Union level. At present, Italy is using summer break time, focus on France and Germany lobbying, but from a compromise still has a long way to go. Media speculation that the European Commission in the autumn of this year, for all Member States support it is unlikely that such a policy would likely delay the final results are difficult to predict.