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Sunday 22.04.2018 | Name days: Armanda, Armands
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European Union to restrict unfair trade practices

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUFrom now on settlement terms that exceed 30 days for products that expire quickly will be considered an unfair trade practice. One-sided change of supply terms, cancellation of supplies shortly before delivery and similar acts will be considered unfair practices, as reported by Latvia’s Agriculture Ministry.

It should be said that on Monday, 16 April, Agriculture Ministry’s parliamentary secretary Ringolds Arnītis will participate in a meeting of the Council of European Union Agriculture and Fisheries Ministers, during which member states will be presented with a project for a directive regarding unfair trade practices.

The ministry explains that the goal of this directive is limiting unfair trade practices in the entire food supply network. The document includes a list of prohibited practices between suppliers and buyers.

Unfair practices to be prohibited include settlement terms for products with a short shelf life that exceed 30 days, one-sided change of supply terms, cancellation of deliveries shortly before the actual delivery, etc. Buyers of food products will not be allowed to apply such practices. Latvia welcomes European Commission’s initiative to help improve the function of the food supply network, and believes this a good start for an EU-level approach to combat unfair trade practices.

Member states will search for a way to solve the problem of food waste. Every year people around the world throw away approximately 1.3 billion tonnes of food. Products are also wasted in different production and delivery stages. Discussions are underway for EU to reduce the volume of food waste per capita by half by 2030.

It is also planned to develop guidelines for matters that affect the reduction of feed and food product waste.

The ministry says it is necessary to educate consumers about expiration terms of different products, as well as continue work on education activities as part of the EU school supply programme by providing support to fruit and vegetable organizations part of the programme.


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