Waste trade will be easier
4.05.2011Company: Amcham
The EU Council of Ministers has adopted a regulation enabling free trade with iron, aluminium and steel scrap and is preparing the same for other materials, specifically glass, paper and copper. This represents a radical move in the area of waste trade and simultaneously great support for the progress of the recycling market.
The regulation sets concrete conditions under which iron, steel and aluminium waste ceases to be deemed waste and can be freely traded within the EU. A limited possibility to exempt waste from the waste regime after it has undergone certain recovery process already existed before, but it was a risk for companies to take advantage of it.
“The conditions are finally concretized. Producers can be certain from now on that when the conditions are met, they can withdraw the respective waste from the evidence of waste kept for the state authorities and sell it like any other product. The risk will decrease and the legal certainty of many producing companies will reinforce,” says Tomas Babacek from Ambruz & Dark law firm.
www.ambruzdark.com
