“FACE represents independent downstream firms,” GAC general secretary Mahmood Daylami said. “The main reason why we built this affiliation is because they are advocates of the removal of the tariff on aluminium on products from the Gulf.”
Daylami said that tariffs on aluminium exports to the EU will be covered by the EU-GCC free trade agreement which has been under negotiation for more than 20 years.
“The EU is an attractive market, but it is losing its production capacity,” Daylami said. “The question for Europe is: where is it going to get aluminium from in five or ten year’s time? The market in Europe needs Gulf aluminium. The question is whether the Gulf will need Europe”
“The answer is yes,” Daylami said.
The GAC was created in 2010 by the aluminium smelters of the GCC. It is based in Dubai.