European Union Considers Implementing Conflict Minerals Regulation

The European Union (EU) will begin discussions on whether to develop a conflict minerals-type regulation during a December 5, 2012 internal workshop. DG Trade is leading this effort and has requested input from industry, academia, and non-governmental organizations (NGOs). DG Trade is considering implementing regulations that mimic either the Organisation for Economic Co-operation and Development (OECD) Due Diligence Guidelines or the U.S. Dodd-Frank Financial Reform Act.

IPC and other affected stakeholders met with DG Trade and DG Enterprise to discuss concerns with developing conflict minerals legislation in the EU. IPC encouraged DC Trade and DG Enterprise to focus the workshop on what the scope of conflict minerals legislation would be and to gather information from industry on their experiences with conflict minerals legislation.

 

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