date:Nov 22, 2013
oods sector.
Key aspects of the Code include:
Tough restrictions on retrospective and unilateral variations to grocery supply agreements;
Greater transparency on the basis of shelf allocation for branded and private label products;
Recognition of the importance of intellectual property rights and confidentiality in driving innovation and investment in new products; and
A low cost and fast track dispute resolution mechanism.
Agreement on the terms of the Code is the culmination of many months