Trade
2 days ago

‘Lack of awareness on circular supply chain, EU regulations, digitalisation hinders export traceability’

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Absence of awareness about circular supply chain, latest EU regulations and digitalisation of factories, especially small and medium ones, are the major challenges towards ensuring traceability of exportable goods, said an Italian brand representative.

“Most of our suppliers don’t know what traceability is, while lots of suppliers lack awareness of supply chain circularity,” Abdul Quaium, sustainability manager of OVS said.

Other major challenges included the absence of knowledge about the latest European Union (EU) regulations, including Ecodesign for Sustainable Products Regulation (ESPR) and Digital Product Passport (DPP), he said while speaking at a seminar titled "EU Trade Forum: Spotlight on the Digital Product Passport"  held on Monday at a city hotel.

The day-long seminar was jointly organised by the Ministry of Commerce and the German Development Agency GIZ, aiming to create a shared understanding of the DPP and assess Bangladesh’s preparedness to align its export sectors with the EU’s ESPR.

The session was moderated by Dr Michael Klode, head of the STILE II project of GIZ.

The main objective of the event was to provide insights into the EU’s requirements for traceability and a circular economy.

Speakers discussed the technical structure of the DPP and how it can ensure traceability across the entire supply chain—from the raw materials used in production to the final product.
 
Commerce Secretary Mahbubur Rahman spoke as the chief guest at the opening session of the seminar.
 
Additional Secretary of the Ministry of Commerce Abdur Rahim Khan and Export Promotion Bureau Vice Chairman Anwar Hossain, among others, also spoke. 
 

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