Image: Reuters
The proposed law sets mandatory due diligence rules for importers into the EU of soy, beef, palm oil, wood, cocoa and coffee, and is expected to be passed by 2023. However, cocoa companies often source from an indirect supply chain over which they have little visibility. As a result, producing countries are under pressure to trace cocoa in this part of the chain so that their EU exports are not jeopardised.
Kone spoke to Reuters on the sidelines of the European Cocoa Association Forum in Rome, a triennial event for the cocoa sector.
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