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• The Regulation of Screening of Foreign Direct Investments in the European Union

  9-24

  Zoltán Vig

  Views:

  263

  This paper examines the framework and cooperation mechanisms set up by Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union. The Regulation merely gives a framework for the coordination of national legislation, and member states can still decide if they want to set up screening mechanisms and to screen foreign direct investments. The pandemic has accelerated these processes, and more and more European Union member states enacted legislation relating to the screening of foreign direct investments in strategic branches of the economy. The Commission has also issued a Guidance at the end of March 2020, in which it warns about the risk that the Coronavirus related economic shock might have on strategic industries, especially on healthcare related industries. At the same time, recognizing the importance of foreign direct investments for the economy, it pointed out in the Guidance the necessity to find a balance between the need for foreign capital and the protection of European Union strategic industries using appropriate screening tools.

• A divatszakmában dolgozó munkások védelmének helyzete

  105-129

  Dewan Afrina Sultana

  Views:

  385

  The global fashion industry is characterized by a dynamic and complex supply chain. Clothing products and footwear reach consumers through various brands, from developing countries to Western countries. The exploitation of workers at the bottom of the supply chain goes hand in hand with huge benefits for those at the top of the supply chain. Due to the lack of direct contact with workers, brand owners and resellers often ignore the abuse of workers ’rights in the production of their products. Labor law rules alone are not enough to improve working conditions and ensure the rights of workers in the fashion industry. Brand owners and resellers have a vital role to play in changing their working conditions. By incorporating “soft law” solutions such as the UN Business and Human Rights Guidelines and the Organization for Economic Co-operation and Development’s Screening Guide, responsible business conduct can be achieved. Incorporating voluntary initiatives into the business behaviors of brand owners and resellers has a significant impact on improving employee rights. In this study, I assess how the 2016 Transparency Draft has affected the protection of workers in the global fashion industry, how much the inclusion of Transparency and Sustainable Development Goals has improved the situation of exploitation of workers. The ILO regularly examines the issue through its analysis of human rights reports.