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The Regulation was signed by the President of the European Parliament and the President of the EU Council on 27 November 2027. Under the Regulation, all products (including their components) manufactured using forced labour will be banned from being placed or made available on the market in the EU, or exported from the EU.
Under the Regulation, all products (including their components) manufactured using forced labour or placed and made available on the market in the EU, or exported from the EU will be banned.
SupplyChain-Related Matters of Note Section 804 prohibits DoD from entering into a contract with any person or entity that has fossil fuel business operations with an entity that is greater than 50% owned by either an authority of the government of the Russian Federation or a fossil fuel company that operates in the Russian Federation.
Scope The text of the provisional agreement targets forced labour carried out across the globe by prohibiting companies or individuals from placing or making available on the EU market, or exporting from the EU market, products (including their components) that are made using forced labour.
The year ended with ambitious statements by the governing Liberal Party on proposed legislation to eradicate forced and child labour in Canadian supplychains. This will allow reporting entities to align and streamline public statements regarding supplychain compliance efforts across jurisdictions.
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