The EU has shifted its focus from Russia to China in the procurement of rare earth metals. In recent years, China has solidified its position as the EU’s primary supplier of rare earth elements, while Russia has lost its market share. In 2020, EU countries imported 10,700 tons of rare... #China #CriticalRawMaterial #EUimport #EuropeanUnion #MineralsImport #Rareearthminerals
The EU reports record agricultural export volumes, with Ukraine a leading exporter to the bloc. EU agri-food exports reached a historic €235.4B last year, marking a 3% increase compared to 2023. Grain, dairy products, and wine top the list of goods exported from the EU. In terms of its share of ... #AgroExport #agroexportukraine #agroUkraine #EUmarket #EuropeanUnion
The EU is proposing a voluntary fund of €20-40B for military assistance to Ukraine be established to circumvent Hungary’s veto. The document outlining this proposal indicates that member states “are encouraged to provide military support to Ukraine in 2025 totaling at least €20B and potentially increasing to €40B based o... #AirDefenseSystems #ArtilleryShells #EuropeanUnion #Hungary #MilitaryAid
Analysts compared EU countries’ spending on Russian energy and their support for Ukraine. Experts examined EU countries’ total expenditures on Russian oil and gas imports, alongside the military, financial, and humanitarian aid provided to Ukraine from 2022 to 2024. Italy (€23.55B), ... #EuropeanUnion #Finland #Germany #MilitaryAid #RussianEnergyResources #SupportUkraine #WarinUkraine
The EU launches a €1.6B call for proposals to support small businesses in Ukraine. The EU has initiated a new call for proposals aimed at assisting small businesses in war-affected communities and attracting investment for Ukraine’s reconstruction. An initiative through the Uk... #EuropeanUnion #SmallBusinessUkraine #SupportBusiness #UkraineFund #UkraineReconstruction #ukrainianbusiness
The US and the EU cannot agree on the details to provide $50B to Ukraine; the plan’s success is logistically and politically unlikely. The NYT notes that officials from the US and the EU are trying to secure a $50B loan for Ukraine by the end of the year. A decision should be reached before the presidential elections in the US, which... #EuropeanUnion #G7 #HungaryVeto #LoanForUkraine #Sanctions #USelections #WhiteHouse
