European Critical Raw Materials Act
Opinions
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In accordance with the EU-UK Withdrawal Agreement, a number of EU legislative acts concerning sanitary and phytosanitary (SPS) measures apply to and in the UK in respect of Northern Ireland after the end of the transition period set out in the Withdrawal Agreement.
Accordingly, the entry into Northern Ireland from other parts of the UK of certain consignments of products of animal or plant origin, including animal food, plants for planting, machinery and vehicles for agricultural or forestry purposes and seed potatoes falls within the scope of these acts and is subject to official controls, certification requirements and prohibitions. This also applies to non-commercial movements of certain pet animals.
The EESC underlines that increased equity funding for European companies is key and therefore strongly welcomes the Listing Act proposed by the Commission. Bringing family-owned companies to capital markets would open up untapped potential to attract capital for growth. In this context, a multiple-voting rights regime helps families to retain control, making listing more attractive to them, and streamlining the contents of a prospectus would significantly reduce costs and burden for issuers.