EU countries are for postponement of the supply chain law-diepresse.com
The new rules should only apply from 2028, but the EU Parliament still has to agree to the shift. Economic Minister Wolfgang Hattmannsdorfer welcomed this decision.
The EU-States have spoken out to postpone the controversial EU supply chain law. This follows a proposal of the EU Commission. The EU countries in Brussels also said that they wanted to postpone the first implementation periods by one year. This would only apply to the rules in 2028. The EU Parliament still has to agree to the shift, it is expected to deal with the project next week.
Law only decided last year
The European supply chain law was only decided last year. The EU countries should actually have a good two years to implement the new rules into national law.
The aim of the project is to strengthen human rights worldwide. Large companies should be able to be held accountable if they benefit from human rights violations such as child or forced labor.
However, there was great criticism from the economy of the project. Companies see it overly, which imposed large bureaucratic burdens on them and reduced the competitiveness of Europe.
Economic Minister Wolfgang Hattmannsdorfer (ÖVP) welcomed the shift of the supply chain law. « The EU countries have recognized the signs of the times, the European business location does not need more regulations, but more economic freedom to get back to the fast lane, » said Hattmannsdorfer, according to the announcement. « Now the parliament is on the move. In competition with the big business locations of the world, we cannot constantly slow down ourselves. The shift we gain the necessary time to improve and simplify the two laws. » (APA/dpa)
