New EU Directive on Unfair Practices in Food Trade Applies to US Exporters
A recently adopted EU directive on unfair practices in the food trade will allow U.S. exporters to benefit while adding some compliance requirements, the U.S. Department of Agriculture said in a report. The directive, which was adopted March 12, "forbids…
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certain commercial practices such as late payments for perishable food products or last minute order cancellations," USDA said. "U.S. companies exporting food and agricultural products to the EU are eligible to benefit from the Directive’s safeguards; U.S. companies will also have to comply with the same rules as European companies, e.g., the Directive forbids unilateral contract changes for perishable goods," USDA said.