The Canadian Ombudsman for Responsible Enterprise concluded that Dynasty Gold, a mining firm headquartered in British Columbia, allowed Uyghur labor transfers to its joint venture in Xinjiang during 2017-2020, and that such forced labor "may continue to persist" at the Hatu mine in Xinjiang.
Sen. Sherrod Brown, D-Ohio, who has opposed the proposed acquisition of U.S. Steel Corp. by Japan-based Nippon Steel Corp. since it was announced in December (see 2312200056), said April 2 that a new report about Nippon Steel’s ties to China provides another reason for the Biden administration to reject the deal.
The auto industry is grappling with a range of questions about how the EU’s upcoming forced labor-related rules will affect their supply chains, especially for individual car components, an auto industry official and lawyer said this week.
The Indo-Pacific Economic Framework for Prosperity, even without its trade pillar completed, is moving toward implementation with the establishment of an IPEF Council that will meet annually. The council will consider proposals to negotiate new agreements, enhance trade or economic relations, or amend IPEF; consider other countries' interest in acceding to IPEF; and adopt its rules.
Members of the European Parliament this week disagreed on the best path forward for new EU-wide supply chain due diligence rules, although an official with the Belgian presidency said it believes the EU can reach a compromise before the end of the current parliament’s term in April.
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If the EU can’t agree to new corporate supply chain due diligence rules, European companies will instead face a growing, complex patchwork of national due diligence laws that will strain their compliance departments, leaders of two Dutch nonprofits said in an opinion piece this week for the Business and Human Rights Resource Center.
The European Council and Parliament reached a deal on a new set of rules to ban imports suspected of being made with forced labor, including how the ban will be enforced and how the bloc will investigate and penalize violations.
EU member countries this week couldn't agree to new rules requiring companies to conduct specific due diligence on their supply chains to address various environmental and social concerns, including forced labor risks (see 2312150057) and 2202230073).
A bipartisan group of 11 House members urged the Biden administration on Feb. 16 to impose Global Magnitsky Act sanctions on seven Chinese companies for allegedly using Uyghur forced labor to provide seafood to U.S. markets.