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Yesterday, the EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable uncooked supplies, battery worth chains and electrical autos.
The Partnership goals to assist the event of recent native industries and high-quality jobs alongside the electrical car worth chain in full respect of excessive environmental and social requirements whereas addressing the considerations of native communities with full transparency.
The Partnership additionally supplies the framework for a robust public-private multi-level engagement between the EU establishments and our bodies, industrial actors, enterprise associations, social companions, representatives of civil society, related ministries of Member States and Serbia, public organisations, monetary establishments, and buyers.
Govt Vice-President for the European Inexperienced Deal, Interinstitutional Relations and Foresight of the European Fee, Maroš Šefčovič, signed the MoU with the Minister of Mining and Vitality of the Republic of Serbia, Dubravka Đedovič Handanović. The signing ceremony occurred through the Excessive-Stage Summit on important uncooked supplies in Belgrade.
The Partnership builds on the Stabilisation and Affiliation Settlement (‘SAA’) entered into power on 1 September 2013 and is according to EU’s New Development plan for the Western Balkans. It represents a constructing bloc in advancing Serbia’s integration inside the EU’s single market, and additional boosting its financial, social and environmental convergence with the EU.
5 Areas of Cooperation
This MoU, in accordance with the SAA, establishes shut cooperation between Serbia and the EU within the following 5 areas:
Improve the event of worth chains for uncooked supplies, batteries and EVs, by facilitating shut cooperation between EU and Serbian industrial actors and stakeholders. The MoU will encourage the event of a mutually helpful pipeline of tasks with particular concentrate on the EV industrial ecosystem.
Cooperation on analysis and innovation (R&I), by mapping the prevailing cooperation areas underneath EU Horizon Europe R&I framework programme and different schemes. On the premise of the MoU, each events will share information and applied sciences associated to sustainable exploration, extraction, processing and recycling of secondary uncooked supplies.
Utility of excessive environmental, social and governance requirements and practices might be facilitated by way of mutual session and alternate of data on related insurance policies and initiatives alongside all the worth chains, together with by way of the appliance of elevated due diligence and traceability for the battery worth chain.
Mobilisation of economic and funding devices to assist funding tasks underneath the Partnership, notably by way of Make investments EU, the Western Balkans Funding Framework and a Single Venture Pipeline in Serbia in addition to underneath the European Uncooked Supplies Alliance and European Battery Alliance.
Creating vital abilities for high-quality jobs in uncooked supplies and battery sectors. This contains participation of Serbian organisations in European Battery and upcoming Uncooked Supplies Academies, together with potential Serbian contribution with devoted programmes and internships.
Subsequent Steps
Following the signature of the MoU, the EU and the Republic of Serbia will collectively develop inside six months a roadmap with concrete actions to place the Strategic Partnership into observe.
Background
The EU has a well-established and rising marketplace for inexperienced applied sciences, like batteries, that gives many alternatives for offtake agreements, joint ventures and joint R&I tasks. The Partnership will assist growing sustainable provide chains between each side and allow furthering environmental, social and governance requirements and alternate of information on uncooked supplies.
With important uncooked supplies being a vital prerequisite for delivering on the inexperienced and digital transitions, the Fee has began to construct a collection of Partnerships on uncooked supplies, following the Motion Plan on Vital Uncooked Supplies and the Vital Uncooked Supplies Act. Such agreements have been signed with Canada and Ukraine in 2021, with Kazakhstan and Namibia in 2022, with Argentina, Chile, Zambia, the Democratic Republic of the Congo and Greenland in 2023, and with Rwanda, Norway, Uzbekistan and Australia in 2024.
The Vital Uncooked Supplies Act goals to make sure the EU’s safe and sustainable provide of important uncooked supplies. The Act helps the event of tasks contributing to construct strategic uncooked supplies capacities throughout all worth chain phases, each inside and outdoors of the EU.
For Extra Data
Memorandum of Understanding
European Fee on Strategic Partnerships on Uncooked Supplies
Uncooked supplies diplomacy
“The Memorandum of Understanding between the EU and Serbia on sustainable uncooked supplies, battery worth chains, and electrical autos is a testomony to our shared dedication to driving ahead the inexperienced transition. By strategic collaboration in these key sectors, we unlock immense potential for sustainable progress and innovation, whereas additionally enhancing Serbia’s integration with the EU’s single market and additional boosting its financial, social and environmental convergence with the EU.” —Maroš Šefčovič, Govt Vice-President for European Inexperienced Deal, Interinstitutional Relations and Foresight
“The signature of the Memorandum of Understanding between the EU and Serbia on sustainable uncooked supplies, battery worth chains, and electrical autos lays an vital basis for Serbia’s deepened integration into EU’s inexperienced know-how provide chains, supporting the important thing targets of the EU’s New Development Plan for the Western Balkans. Our cooperation will create new job alternatives in industrial sectors which can be essential for the longer term, have added worth in growing processing and battery manufacturing, and have substantial financial advantages. It additionally reaffirms Serbia’s EU path. Based mostly on shared values, the EU perspective gives to remodel societies and economies in a complete and sustainable option to construct long-term prosperity and resilience.” —Olivér Várhelyi, Commissioner for Neighbourhood and Enlargement
Courtesy of European Fee.
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