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17 Nov

Czechia seeks prolonged Russia slab import exemption: reports

The EU’s 12th sanctions package against Russia was discussed by EU ambassadors on Friday in attempt to reach an agreement on proposed new restrictions. The Czech Republic is advocating for an extended exemption period for importing steel from Russian steelmaker NLMK, according to Politico. NLMK serves as a vital supplier to the Czech automotive industry, which represents approximately 10% of the country's GDP. Given the significant reliance on automotive…
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