DEFORESTATION LAW DELAY UPSETS EU OILS AND FATS INDUSTRY, BUT OVERSEAS SUPPLIERS HAPPY
November 6th, 2024
EUROPEAN oil and fats industry representatives are concerned and green groups angry that the European Commission is proposing to delay (1) implementation of the May 2023 European Union (EU) deforestation regulation (EUDR) (2) by a year. However, industry groups in Malaysia and Indonesia are hailing the delay as a sensible move, helping them prepare for the new regime.
Proving commodities sourced are deforestation-free will now only be mandatory for large companies from December 30, 2025, instead of end-2024, for large companies and from June 30, 2026, instead of ...
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