https://www.forex-news.com/
Forex-News has been the world leading economy news website since 2005. It has been a joyful path full of changing variables in this changing world. During the last three years we have also covered some of the most important news regarding Bitcoin and other cryptocurrencies. Wherever the news are, we are there.
Bitcoin
$13,611.82
+201.17
Ethereum
$384.54
+0.73
Litecoin
$54.29
-0.29
DigitalCash
$70.71
+4.23
Monero
$124.05
+1.16
Nxt
$0.01
0
Ethereum Classic
$5.35
-0.05
Dogecoin
$0.00
0

Dispute over supply chain law: Minister of Labor Heil calls for an agreement | message

4


POTSDAM (dpa-AFX) – In the dispute over a supply chain law, Federal Labor Minister Hubertus Heil (SPD) appealed to his cabinet colleague, Federal Economics Minister Peter Altmaier (CDU), to come to an agreement quickly. “I expect the federal government that we will get a supply chain law in this legislative period that also deserves the name,” said Heil on Tuesday in Potsdam. He made a statement at the start of a conference entitled “Global Supply Chains – Global Responsibility” in Potsdam. “We have been negotiating the key points of the law for weeks.”

In order to combat abuses such as child labor and starvation wages, the law is intended to oblige German companies to guarantee compliance with minimum social and ecological standards for foreign suppliers. On the other hand, there is massive criticism from the economy and Minister Altmaier fears that the burden will be too great.

Heil emphasized that small and medium-sized companies should not be affected. Rather, global companies with more than 500 employees should be obliged to guarantee compliance with minimum social and ecological standards for foreign suppliers. “The companies should investigate the risks of human rights violations, secondly take appropriate measures and thirdly report on them,” explained Heil. “If you don’t take care of it, you will be held liable for human rights violations.” Experience so far has shown that voluntary measures are not enough./kp/DP/stw



Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More