Swiss Chide EU Over Steel Import Curbs

November 21, 2019

Switzerland criticized on Thursday measures the European Union has adopted to curb steel imports amid a global trade spat, saying they harmed the Swiss steel industry.

The European Commission last month revised safeguard measures introduced in July 2018 and decided to reduce the annual increase in quota volumes, the government said in a summary of talks on the status of a bilateral free trade deal. "These changes threaten to further restrict bilateral steel trade between Switzerland and the EU and harm the Swiss steel industry, which is closely interlinked with the EU steel and automotive industries. Switzerland continues to lobby the EU for unrestricted trade in steel products," it said. 

© Henry / Adobe Stock
© Henry / Adobe Stock

(Reporting by Michael Shields; Editing by John Miller)

Related News

Singapore Boosts Undersea Might with Two New Submarines Britain's New Shipping Sanctions Take Aim at Russian LNG Sector 2024 World Maritime Day: Fifty Years of SOLAS Drug Gang Used Commercial Ships & Chinese Money Brokers, Italian Police Says Dutch See Rise in Russian LNG Imports, Urge Further Sanctions