Published: October 4th, 2024,
Last updated: October 6th, 2024

Minister Robert Habeck sees comprehensive reporting obligations as a problem for the German economy and is calling for a fundamental rethink. The way forward is not to make individual improvements, „but to fire up the chainsaw and cut the whole thing down“, Habeck said, also referring to the Supply Chain Act, at a business day organized by the German Foreign Trade Association (BGA) on Wednesday. „We have become entrenched in a world where the accuracy of reporting obligations ultimately determines how competitive a company is.“