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December 6, 2023

Tempers fray ahead of EU due diligence directive negotiations

According to a senior diplomat, France wants the CSDDD to be approved but does not support the call for financial institutions to be subject to “upstream and downstream” due diligence. (Photo: Miguel Medina/AFP via Getty Images)
According to a senior diplomat, France wants the CSDDD to be approved but does not support the call for financial institutions to be subject to “upstream and downstream” due diligence. (Photo: Miguel Medina/AFP via Getty Images)

France accused of ‘negotiating nonsense’ as CSDDD supporters push for inclusion of finance sector, while some outside the EU describe the proposals as an ‘extraterritorial power grab’

The last leg of the proposed EU Directive on Corporate Sustainability Due Diligence (CSDDD) negotiations between the European parliament, the commission and council take place in Brussels on December 13, and feelings are running high in and outside of Europe.

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