Forex
EU Circular Economy Act Crucial for Electronics Industry Growth
The European Commission's Circular Economy Act (CEA) aims to establish a Single Market for secondary raw materials, increase high-quality recycled material supply, and stimulate demand within the EU.
The electronics industry supports this ambition but requires trade-compatible and predictable policies that don't hinder competitiveness in global value chains.
Circularity is crucial for reducing strategic dependencies on critical raw materials from other regions.