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Supply Chains / New Resolve

17 Countries and EU Launch Move on Global Supply Chain Resilience

Seventeen individual nations and the European Union have decided to cooperate on strengthening supply chains, working to reduce and end near-term disruptions, and building long-term resilience in the backdrop to the shocks to global supply chains from pandemics, wars and conflicts, extreme climate impacts, and natural disasters.

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21 July 2022

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  • The signatories will work together on crisis response in an effort to alleviate near-term transportation, logistics, and supply chain disruptions and bottlenecks as well as long-term resilience challenges.
  • The countries will engage with with businesses, workers, academia, labour and civil society, including women, representatives from local and other communities.
  • The joint statement also outlined four global supply chain principles.
The signatories to the statement intend to work together on crisis response in an effort to alleviate near-term transportation, logistics, and supply chain disruptions and bottlenecks as well as the long-term resilience challenges that make our supply chains vulnerable and cause spillover effects for consumers, large and small businesses, workers, and families.
Crisis Response The signatories to the statement intend to work together on crisis response in an effort to alleviate near-term transportation, logistics, and supply chain disruptions and bottlenecks as well as the long-term resilience challenges that make their supply chains vulnerable and cause spillover effects for consumers, large and small businesses, workers, and families. Michoff / Pixabay

Seventeen individual countries and the European Union have resolved to strengthen supply chains, to work to reduce and end near-term disruptions, and to build long-term resilience. The joint announcement was made Wednesday at the 2022 Supply Chain Ministerial Forum.

The intention: The signatories to the statement intend to work together on crisis response in an effort to alleviate near-term transportation, logistics, and supply chain disruptions and bottlenecks as well as the long-term resilience challenges that make our supply chains vulnerable and cause spillover effects for consumers, large and small businesses, workers, and families.

To ensure this effort is effective and reaches those most in need, the signatories intend to engage on this work with businesses, workers, academia, labour and civil society, including women, representatives from local and other communities, consistent with Participants’ domestic laws and international obligations, and different levels of government.

The signatories: Australia, Brazil, Canada, the Democratic Republic of the Congo, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, the Netherlands, the Republic of Korea, Singapore, Spain, the United Kingdom, and the United States.

The backdrop: The statement provided the context: "The shocks to global supply chains from pandemics, wars and conflicts, extreme climate impacts, and natural disasters have put in stark relief the urgent need to further strengthen supply chains, to work to reduce and end near-term disruptions, and to build long-term resilience. This is a global challenge we intend to approach resolutely and cooperatively."

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The seventeen individual countries intend to encourage global sustainability and responsible business conduct across supply chains, as well as objectives set out in relevant multilateral environmental agreements to which they are parties, including the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement. 
Collaborative Efforts The seventeen individual countries intend to encourage global sustainability and responsible business conduct across supply chains, as well as objectives set out in relevant multilateral environmental agreements to which they are parties, including the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement.  Tumisu / Pixabay

The key features

The joint statement outlined four global supply chain principles:

  1. Transparency:  We intend to promote transparency in consultation with the private sector, civil society, different levels of government, and other relevant stakeholders, consistent with Participants’ domestic laws and international obligations, in order to strengthen the resilience of supply chains.  Civil society consultations, consistent with Participants’ domestic laws and international obligations, are an important part of transparency.  We intend to advance information sharing, and to the extent possible common approaches and early warning systems, about potential, emerging, and systematic supply challenges.  We intend to undertake this cooperation consistent with Participants’ domestic laws and international obligations and with utmost care to protect non-public information, including information necessary for the protection of essential security interests.
  2. Diversification:  We aim to promote diversification and increase global capacities for multiple, reliable, and sustainable sources of materials and inputs, intermediate goods, and finished goods in priority sectors, along with logistics infrastructure capacities, increasing resilience of supply chains to make our economies less vulnerable to disruptions and shocks.  We intend to explore opportunities to promote public and private investment into supply chains in priority sectors and to encourage partnerships and co-investment for access to and development of environmentally and socially responsibly sourced materials and inputs.
  3. Security:  To promote supply chain security, we intend to deepen our consultations to identify and address risks arising from supply dependencies and potential vulnerabilities in critical infrastructure.  We intend to work together to address our mutual vulnerabilities and work to eliminate corruption in support of supply chain security.  We encourage Participants to undertake this cooperation in partnership with industry, labor and civil society, and other relevant stakeholders, pursuant to domestic laws, to better understand and manage security risks to supply chains.
  4. Sustainability:  We intend to encourage global sustainability and responsible business conduct across supply chains, as well as objectives set out in relevant multilateral environmental agreements to which we are parties, including the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement.  We encourage the adoption of responsible business practices and recognize the importance of implementing our respective obligations under international labor conventions ratified by respective countries along the entire value chain to ensure that opening up new sourcing or supply chain options does not shortcut existing commitments to uphold human rights.  This includes our intent to cooperate to eradicate the use of forced labor in global supply chains.  We aim to foster the increased use of recycled materials and product components.  We also aim to foster and support the fair and sustainable manufacturing and trade of products, consistent with Participants’ domestic laws and international obligations, including through circular economy, the bioeconomy, and other approaches, that advance the fight against climate change, biodiversity loss, pollution, and which advance the UN Sustainable Development Goals.
 
 
  • Dated posted: 21 July 2022
  • Last modified: 21 July 2022
 
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