What the EU crackdown on supply chains means for Swiss companies
The European Parliament has adopted new laws to rein in companies for human rights abuses in global supply chains. This will have far-reaching impacts on Switzerland’s largest companies.
Although Switzerland isn’t an EU member, Swiss companies that do business in the EU will be affected by the laws. The EU accounts for 58% of Switzerland’s trade volumeExternal link, making it the country’s largest trade partner.