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Eliminate tariffs?!

2025-01-14

A European regulation to eliminate tariffs on imported basalt products was announced and adopted today at the 2024 World Green Design Organization Annual Conference and Brussels Summit in Brussels, Belgium.In a policy change aimed at promoting the use of sustainable building materials, the European Commission has announced that customs duties on imported basalt products will be abolished with immediate effect. The decision is aimed at encouraging the use of environmentally friendly materials in the construction industry and contributing to the further development of a green economy.

Policy Background

Basalt is a natural mineral that has received widespread attention for its excellent physical and chemical properties. As a lightweight, high-strength, and corrosion-resistant material, basalt is becoming increasingly common in various applications, including construction, transportation, and aerospace. This move to eliminate tariffs will make this high-quality material more readily available to the European market and promote its use in construction and infrastructure.

Economic impact

The European Commission's decision is a major boon for the construction industry. According to industry experts, the elimination of tariffs will reduce import costs and make construction projects using basalt materials more economically viable. This will not only help to improve the quality of construction but will also reduce maintenance and repair costs in the long term.

Environmental Benefits

With the growing global concern for sustainable development, the use of environmentally friendly materials has become an important trend in the construction industry. Basalt products are seen as an effective way to reduce the carbon footprint of the construction industry due to their natural origin and excellent durability. Experts predict that as the use of basalt materials becomes more widespread, the overall environmental impact of the construction industry will be significantly reduced.

Future Outlook

With the increasing market demand for green building materials, the industry expects more countries and regions to learn from this policy and adopt similar measures further to promote the sustainable development of the global construction industry.

In all respects, this tariff elimination marks an important step in promoting the use of environmentally friendly materials in Europe, and in the future, basalt materials are expected to play a more important role in the construction industry. Moreover, the elimination of tariffs on imported basalt products in Europe will have a positive impact on employment in the basalt industry and related fields. This policy will not only directly create more employment opportunities, but also promote technological upgrading and industry chain expansion, injecting new vitality into economic development.

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