During a special event held in
Brussels, seven EU associations launched ‘The Supply Chain Initiative' with the
aim of ensuring fairness in commercial relations along the food supply chain.
In November 2011, members of The
Supply Chain Initiative agreed on a set of Principles of Good Practice,
including a list of examples of fair and unfair practices in vertical trading
relationships.
These were warmly welcomed by the High Level Forum for a Better
Functioning Food Supply Chain of the European Commission and subsequently, a
voluntary Framework for their implementation and enforcement was adopted in
January 2013. Since then, all companies
involved in the food supply chain have been encouraged to formally sign up and
implement the Initiative. The hope is
that EU policy-makers will give the Initiative a chance to deliver and
meanwhile, for those not yet on board, the door remains firmly open for other
stakeholders to join.
82 companies from across the entire
EU have expressed their intention to register. Half of these are local
companies. Taking into account the subsidiaries of international groups, 457
operating companies are signed up.