Slovak diplomat Maros Sefcovic participates in a panel discussion at the 61st Munich Security Conference in Munich, Germany, on Feb. 15, 2025. Johannes Simon/Getty ImagesThe European Union on Dec. 3 outlined plans to reduce economic security risks, such as dependency on rare earth metals and battery materials from China.The 27-country bloc’s executive branch, the European Commission, said it will take a “more proactive” approach in strengthening the EU’s economic security by maximizing the use of existing trade measures and creating new tools.
EU Unveils Plan to Reduce Dependency on China for Minerals
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