February 17, 2017Kirsten Wallerstedt
On 24 January 2017, the European’s Parliamentary International Trade Committee (INTA) voted overwhelmingly to support the EU’s conflict minerals proposal, with a vote of 39 in support, none opposed, and two abstentions. The Regulation sets up a Union system for supply chain due diligence for importers of tin, tantalum and tungsten, their ores, and gold originating in conflict-affected and high-risk areas. The Regulation, if finalized, is expected to become enforceable on 1 January 2021.