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EU to Launch Supply Chain Risk Advisory Group

Summary

  • EU plans corporate advisory group for supply chain risks.
  • The group aims to strengthen the bloc's economic security.
  • Launch is planned after the summer break for sharing information.
EU to Launch Supply Chain Risk Advisory Group

The European Union is preparing to establish a new corporate advisory group after the summer recess. This body is intended to serve as a platform for sharing critical information concerning supply chain risks, thereby enhancing the economic security of the bloc.

The European Commission has been working on the specifics for the group's launch. The initiative underscores the EU's commitment to identifying and mitigating potential vulnerabilities within its supply chains.

This effort is a significant step towards building a more resilient economic framework for the EU member states.

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