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Home»World»Europe»Spain
Spain

Cdm gives the green light to measures on critical raw materials and space

June 21, 2024No Comments2 Mins Read
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The Cdm has approved measures regarding critical raw materials and the space sector in Italy. During a press conference, Ministers Urso and Pichetto Fratin presented the new regulations. They announced a budget of 7.3 billion euros allocated to the space sector until 2026. This investment is aimed at supporting the development and innovation in the space industry in Italy.

The measures regarding critical raw materials are designed to address the country’s dependency on imports for these resources. By investing in the domestic production of key raw materials, Italy aims to enhance its security and self-sufficiency in this area. The government is also focusing on promoting sustainable practices in the extraction and processing of these materials, to ensure environmental protection and reduce carbon footprint.

The approval of these measures highlights the importance that the Italian government places on the space sector and the development of innovative technologies. The significant budget allocation for the space industry until 2026 demonstrates the commitment to supporting research, exploration, and advancements in this field. This investment is expected to boost the competitiveness of Italian companies in the global space market.

In addition to the financial support for the space sector, the government is also implementing regulations to streamline processes and facilitate the operations of companies in this industry. By creating a conducive environment for businesses to thrive, Italy aims to attract investments and foster growth in the space sector. The new norms are expected to remove barriers and bureaucratic hurdles, enabling companies to focus on their core objectives and achieve success.

Overall, the approval of measures regarding critical raw materials and the space sector by the Cdm signals a positive step towards enhancing Italy’s economic and technological capabilities. The government’s focus on promoting domestic production, sustainability, and innovation in these areas reflects a strategic approach to strengthening the country’s industry and reducing reliance on imports. The significant budget allocation for the space sector signifies a strong commitment to advancing research and development in this field, paving the way for Italy to become a key player in the global space market.

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