Executive Briefings

Global Leaders Commit to Eradicating Modern Slavery

Global business tycoons and politicians from 48 countries committed to ending human trafficking, forced labour and modern slavery last month at a landmark gathering of high-profile leaders in the Australian city of Perth.

Global Leaders Commit to Eradicating Modern Slavery

The forum, launched last year to expand public-private partnership to eradicate these crimes, saw participation from the heads of U.S. retail giant Wal-Mart Stores Inc, Japan's Mitsui and China's JD.com, among others.

"It's about accepting standard for good labour practices throughout the supply chain," said Indonesian Foreign Minister Retno Marsudi.

The forum is also working to raise awareness on ethical business practices and establishing a "spatial mechanism" to ensure immediate identification, processing and assistance for victims of human trafficking, Marsudi added.

"I propose that during the next Bali meeting next year, the industries, the private sector, will be able to showcase the best practices that have been taken by industries on initiatives resulted from this forum," Marsudi said.

While the forum made general commitments it fell short of concrete action plans.

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The forum, launched last year to expand public-private partnership to eradicate these crimes, saw participation from the heads of U.S. retail giant Wal-Mart Stores Inc, Japan's Mitsui and China's JD.com, among others.

"It's about accepting standard for good labour practices throughout the supply chain," said Indonesian Foreign Minister Retno Marsudi.

The forum is also working to raise awareness on ethical business practices and establishing a "spatial mechanism" to ensure immediate identification, processing and assistance for victims of human trafficking, Marsudi added.

"I propose that during the next Bali meeting next year, the industries, the private sector, will be able to showcase the best practices that have been taken by industries on initiatives resulted from this forum," Marsudi said.

While the forum made general commitments it fell short of concrete action plans.

Read Full Article

Global Leaders Commit to Eradicating Modern Slavery