EU to delay rule that threatened US forestry industry

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by one year after pressure mounted from U.S. lawmakers who said the rules would hurt the domestic forestry supply chain.goods that contribute to deforestation. While the law went into effect in June 2023, companies were not expected to comply until December of this year.

It is expected to affect goods such as coffee, soy, palm oil, cocoa, cattle, wood, and rubber — as well as the products made from these commodities, such as chocolate, makeup, soaps, leather, tires, and more. Under the European Commission’s new proposal, large companies would now have until Dec. 30, 2025, to comply with the rules. Smaller and “micro” companies would have until June 30, 2026.

The postponement is expected to be supported by the majority of EU member countries, as agriculture ministers from at least 20 nations supported an effort to scale back and suspend the rules earlier this year,

 

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