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Euronews
Euronews
Nora Kürzdörfer, Senior Researcher at the Munich Security Conference

EU budget offers chance to loosen China's grip on critical raw materials for Europe

As Brussels enters the final stretch of negotiations over its next seven-year Multiannual Financial Framework, hidden within the budget debate is a strategic question: whether the EU is willing to invest in the partnerships and processing capacity needed to secure the critical raw materials on which its industrial future depends.

Decisions taken this autumn will help determine whether the EU remains dependent on Chinese-controlled processing technology well into the next decade or begins its diversification towards new and trusted partners.

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