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Article

26 May 2015

Author:
ShanghaiDaily

News Analysis: African "blood minerals" legislation stirs difficult debate

The decision by the European Parliament (EP) to reinforce legislation on "blood minerals"...is meeting with opposition within the European Union (EU), as well as the United States where its detractors are bringing into contention...the difficulties of enforcing such a policy...[N]o less than 40 percent of civil wars in the past sixty years are linked to the control of natural resources. The phenomenon is particularly pronounced on the African continent, which holds 30 percent of global mineral resources...Despite the vote by the EP...the battle over conflict minerals is far from being won by the European left...[T]he voices who speak out to denounce the "perverse effects" of restrictive legislation are also numerous...Lobbyists such as Eurometaux, Digitaleurope, the American Chamber of Commerce of the EU...or Business Europe - will not miss the chance to apply pressure in order to modify the regulation during its examination by the European Commission and the EU Council...

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