MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
EU consumers want to be sure that the products – whether produced in the EU or imported from third-countries – are safe. The good news is that thanks to the increasing effectiveness of the EU's rapid alert system for non-food dangerous products ("RAPEX") dangerous products are detected earlier and more effectively and are more promptly removed from the EU market. This process involves a chain of actions including upstream efforts to design out risks at source, better risk assessment and close co-operation between EU authorities, notably customs, to identify risks at the points of entry.
John Dalli, Commissioner in charge of Health and Consumer Policy, said: "The fact that fewer dangerous items enter the EU market is good news for consumers. But we must remain committed so that we can tackle the challenges of the global supply chain and address any new product safety issues as they emerge. That is why building the system of 'Seamless Surveillance' by strengthening co-operation here in the EU and enhancing co-operation with international partners remains a key priority".
RAPEX : a rapid alert system to keep EU consumers safe
RAPEX has matured significantly since 2004 (when the General Product Safety Directive was transposed into national law). Member States have spent up to 100 million € and employed up to 6000 inspectors to work on product safety enforcement. The 2011 report highlights the achievements:
RAPEX 2011 Report: what about the countries of origin:
Although China remains – with more than half of the RAPEX notifications – the number one country for the number of notifications on products, there has been a decrease from 58% in 2010 to 54% in 2011.
19% (293 notifications) were of European origin. 15% were from other countries. 8% were of unknown origin (compared to 23% in 2004 – decreasing steadily with better identification).
Dangerous products of European origin accounted for 293 notifications (19%), including 44 products of French origin (3%), 43 products of German origin (3%) and 32 products of Italian origin (2%).
Notifying countries – all Member States involved:
All Member States participated in the RAPEX system by detecting and notifying new dangerous products and ensuring appropriate follow-up actions. The most active countries were Spain (189 notifications), Bulgaria (162 notifications), Hungary (155 notifications), Germany (130 notifications), and the United Kingdom (105 notifications). Notifications sent by these countries represent 47% of all notifications on products posing a serious risk sent via the system.
Clothing and textiles, toys and motor vehicles are on the top of the list.
Clothing and textiles were the most frequently notified products (423 notifications concerned suffocation and irritation risk), followed by toys (324 notifications mainly for choking risk), motor vehicles (171 notifications for risk of injury), electrical appliances (153 notifications for risk of electric shock) and cosmetics (104 notifications for chemical risk), which together account for 74% of all notifications on products posing a serious risk in 2011.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).