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EU supply chain law affects only one percent of companies

According to the draft legislation, the EU Supply Chain Act will affect only one percent of companies in the European Union. The directive will apply to only about 13,000 EU companies. “Small and medium-sized enterprises, which include micro-enterprises and account for a total of around 99 percent of all companies in the Union, are exempt from due diligence,” the draft, obtained by China.Table on Tuesday, states. The EU Commission plans to unveil the EU supply chain law this Wednesday.

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