According to the EU’s current plan, the carbon border regulation mechanism (hereinafter referred to as the carbon tariff) will be implemented in 2023 and the carbon tariff will be introduced in 2026. As a key export area of China’s aluminum products, the EU’s implementation of carbon tariffs will pose a new challenge to China’s participation in international competition.
However, in the evolution of trade pattern, China’s aluminum processing industry has been deeply integrated with the international market, and plays an important role in the global aluminum industry chain and supply chain. We are opposed to carbon tariffs forming new trade barriers. We firmly believe that openness and cooperation are the only way to achieve win-win outcomes.