For about a decade now, Western governments have introduced compliance and reporting schemes that go far beyond financial auditing and reporting. Laws such as the “German Supply Chain Due Diligence Law” or the European “Corporate Sustainability Reporting Directive” have a much larger scope. Companies covered by these laws have a legal obligation to examine and report on their entire value chain – including what happens within their own organizations as well as in relation to their suppliers of products and services. These obligations extend to all overseas suppliers. It is therefore not surprising that the“factory of the world”is a major target of these efforts. Furthermore, China has itself proposed guidelines and a program to enhance environmental and governance aspects in the reporting of companies listed on domestic exchanges.

European supply chain laws have imposed higher compliance requirements on Chinese companies, prompting them to adapt their supply chain management and operational strategies to meet the new legal environment and market challenges.

This event, co-organized by German Centre Taicang and Shaohe Law Firm, will share negotiation skills, answer common questions from attendees, help corporates set reasonable expectations with buyers and suppliers, and eventually help corporates maintain profits. Front-line sales staff/managers, HR, purchase, supply chain management, and whoever interested are welcome to participate.

The speaker is Philip Lazare, Partner at Shaohe Law Firm. His speech will focus on 3 main points: the main contents of the European Supply Chain Law, the core principles and key points of negotiation with upstream and downstream partners, negotiation case sharing, etc.

Through this event, you will receive professional information of EU supply chain law, remove doubts about negotiation in this regard and exchange experience with participating corporates.