Maroš Šefčovič called for a "diversification instrument" modelled on the Energy Union to force industry off single-supplier dependence in sensitive sectors.

'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…

Eurokomisia uvažuje o legislatíve, ktorá by mohla diverzifikovať dodávky aspoň na tri zdroje.

The European Commission is considering legislation to reduce reliance on single suppliers, particularly China, by requiring companies in sensitive sectors to diversify sourcing.

Maroš Šefčovič called for a "diversification instrument" modelled on the Energy Union to force industry off single-supplier dependence in sensitive sectors.