DECRYPTION – The Commission signed a new trade agreement with Santiago on Friday. The challenge is to secure the strategic supplies necessary for the energy transition.
From our correspondent in Brussels
The Europeans will soon get their hands on a real war chest: more lithium, copper and, in the longer term, hydrogen to advance the green transition, which is particularly intensive in raw materials. It is in any case one of the most salient points of the agreement which was signed on Friday between the bloc and Chile, at the end of a negotiation launched in 2017 to strengthen and modernize the provisions of the previous agreement dating from 2002. “This historic agreement is of key geopolitical importance (…). The EU and Chile are taking their partnership to the next level to strengthen political dialogue, deepen cooperation and foster trade and investment opportunities“, argued the Commission in a press release. “This instrument is aligned with the Chilean trade policy objective of ensuring the country’s strategic autonomy.underlined, for her part, the Minister of Foreign Affairs…
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