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.
Continue reading now
Get 30 days of free access to the Professional Briefing to read these and more quality news every day.
Are you already a guest at the China.Table? Log in now