The European Commission announced, on Friday 22 July, that it has signed a joint declaration with the United States and 16 other partners to work together to address global supply chain issues.
The declaration is structured according to four global supply chain principles: - improve transparency and information sharing between partners to better anticipate supply chain bottlenecks; - diversify and increase global capacity for materials and inputs; - addressing vulnerabilities and better managing security risks for supply chains; - promote fair and sustainable practices along supply chains.
This statement follows up on the 2022 Supply Chain Ministerial Forum hosted by the US on 19-20 July. It builds on the cooperation launched at the Global Summit on Supply Chain Resilience, hosted by US President Joe Biden in Rome on 31 October 2021, the European Commission said in its statement.
In addition to the European Union and the United States, the signatories include 18 other countries, including Australia, Brazil, Canada, the Democratic Republic of the Congo, France, Germany, India, Indonesia, Italy, Japan, Mexico, the Netherlands, the Republic of Korea, Singapore, Spain and the United Kingdom.
See the joint statement: https://aeur.eu/f/2pr (Original version in French by Pascal Hansens)