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Minister Jean Asselborn participates in the Global Forum on Steel Excess Capacity in Berlin

Published Thursday November 30 2017

The Luxembourg Minister of Foreign and European Affairs Jean Asselborn participated on 30 November in the Global Forum on Steel Excess Capacity convened in Berlin by Brigitte Zypries, Minister for the Economy and Energy of Germany. 

The Global Forum brings together 33 member economies representing more than 90% of global steel production and capacity. It is composed of the Member States of the G20 as well as a number of other OECD Member States and was established in December 2016 following the G20 Summit in Hangzhou, with a view to tackling issues related to excess capacity in the steel sector.

At the 30 November meeting, participants agreed on concrete steps to do so, thus also sending a positive signal about the importance of multilateral cooperation on issues of common concern, just a few days before the opening of the Ministerial meeting of the WTO in Buenos Aires.

Minister Asselborn called on all participants to adopt effective measures to address steel excess capacity and go beyond mere declarations. The Minister recalled that the livelihoods of many steel workers depended on the decisions taken at the Global Forum.

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