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Nearly all of EU states have voted for a standard European provide chain regulation. This was introduced by the Belgian Council Presidency. Germany abstained. An abstention within the committee acts as a no vote.
The regulation is meant to make sure that European corporations guarantee compliance with human rights and environmental requirements of their provide chains.
Legislation weakened
The adopted draft regulation supplies for much less strict guidelines than the unique draft. Initially, the EU provide chain regulation ought to apply to corporations with 500 or extra workers and a world turnover of greater than 150 million euros per yr.
The brand new draft now applies to corporations with 1,000 or extra workers. The annual gross sales threshold is 450 million euros. The potential of civil legal responsibility has additionally been weakened. EU member states, the EU Parliament and the Fee had already agreed on the regulation in December.
FDP didn’t need to assist the regulation
The ultimate vote within the Council and Parliament is definitely only a formality. As a result of the FDP introduced in the beginning of February that it didn’t need to assist the availability chain regulation, the federal authorities introduced that it could abstain from the vote within the Council.
Since then, it has remained unclear whether or not a majority could possibly be achieved for the directive regardless of Germany’s abstention. For adoption, a majority of at the very least 15 member states with an EU inhabitants of at the very least 65 % was required.
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