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Ministers for the European Union’s member states on Friday gave their final approval to a much fought-over law requiring companies to protect human rights in their supply chains. The Directive on Corporate Sustainability Due Diligence – also known as the European Supply Chain Act – is intended to hold large companies accountable if they profit from child or forced labour outside the EU. EU, non-EU and parent companies with turnover of more than €450 million ($487 million) and at least 1,000 employees are subject to the regulation and will be liable for damages as well fines for non-compliance….

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