FRANCE on Friday asked the European Union to suspend “indefinitely” landmark new rules on environmental and human rights supply chain standards, saying they were too burdensome for businesses.
The call comes as Brussels has vowed to make life easier for firms complaining about excessive regulation, as the 27-nation bloc scrambles to revamp its economic competitiveness.
“Our companies need simplification, not additional administrative burdens,” French European Affairs Minister Benjamin Haddad said on X in announcing the request from Paris.
He also asked for a review of a second set of reporting rules on corporate sustainability that have come under attack from European business lobby groups.
EU chief Ursula von der Leyen told this week’s gathering of the world’s elites in Davos that Brussels “must make business much easier all across Europe”.
AFP
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