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Friday, 04 March 2011

Raw materials: Towards a global resource war?

While Europe tries to ensure undistorted access to raw materials for its industries, commercial conflicts over export restrictions are a growing area of tension in international trade, with developing countries defending their right to curtail global access to their resources in support of domestic economic development. "World history has been influenced by hostile resource wars and much of the European expansion and colonisation of Africa was to control raw materials," said Mogens Peter Carl, former director-general of the European Commission's trade department.

Source: Euractiv

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