en.Wedoany.com Reported - European Commissioner for International Partnerships Jozef Síkela stated on Tuesday (23) that the European Union intends to provide Brazil with financial and technical support for the processing of critical minerals.

"We don't want to bind, we don't want to impose. We want to empower," Síkela told reporters during the "2nd Brazil-EU Investment Forum." He contrasted the intention of simply purchasing raw ore with building partnerships in the value-added process.

The senior EU official noted that some "competitors or adversaries"—without directly naming China—"are gaining the upper hand," making it time to seek "sustainable and reliable partnerships." "We are here to co-invest with Brazil in local processing, local jobs, local value—these make everything possible," Síkela emphasized at the event organized by the Brazilian Trade and Investment Promotion Agency (Apex Brasil) and the European Union.

Síkela acknowledged Brazil as "a very rich and ambitious country" that needs to transition from a business model of simply extracting and exporting unprocessed raw materials as commodities, offering only "low margins." He believes Brazil's "ambition" to advance in mineral processing stages and produce finished goods aligns with the type of partnership the EU seeks to establish with Brazil.

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