European Investment Bank set to sign Canada framework deal on critical raw materials
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The European Investment Bank plans to sign a framework agreement with Canada this week to open the way for investments in critical raw materials and related areas, a bank official told POLITICO. The signing is expected on the sidelines of an EU-Canada summit on Thursday in Montreal, amid wider talks on Arctic security and possible EU “associate member” status for Canada. The step is notable because the EIB usually operates only in developing countries or EU and European Economic Area members. It follows EIB President Nadia Calviño’s September visit to Ottawa, after Canada offered G7 partners priority access to its critical raw minerals stockpile and Prime Minister Mark Carney pushed closer EU-Canada cooperation on those materials.
Continue in the app — vote & join in ➔Source: Politico Europe · via ahirlevel.hu