'Every high-risk sector must be weaned off single-supplier dependence'

Brussels wants new rules that would make European companies spread out their supply chains rather than rely on a single main supplier. The EU says its trade relationship with…

Bruxelles vuole nuove norme per spingere le aziende europee a diversificare le catene di approvvigionamento, invece di dipendere da un solo fornitore. L’UE definisce ormai…

New tool could need to apply to 'entire segments of value chains', senior European Commission official says

'Every high-risk sector must be weaned off single-supplier dependence'

A new diversification instrument would compel companies to seek different suppliers in critical sectors, says Maroš Šefčovič.

Nicht nur bei kritischen Rohstoffen, sondern in allen Hochrisikosektoren dürfe es keine Abhängigkeit mehr von einzelnen Lieferanten geben, sagte Šefčovič.

The bloc may force companies to diversify their suppliers, after Beijing’s use of export controls put pressure on EU industry.

The European Commission is preparing a new tool to curb the bloc's dependence on China, with Trade Chief Maroš Šefčovič saying on Friday that companies could be required to source…