The 2023 regulation targeting goods linked to deforestation had been hailed by environmentalists, but criticized by major trading partners such as Brazil and the United States.
The 2023 regulation targeting goods linked to deforestation had been hailed by environmentalists, but criticized by major trading partners such as Brazil and the United States.
This is not just about the U.S. I wrote this in another thread, but it fits also here.
Even companies slam new delay to EU deforestation law, but the new rules have been heavily opposed by conservatives and the far-right wing parties in Europe. Their stance aligns with the U.S. and China’s.
Last year, a group of U.S. senators urged the EU to delay implementing EUDR, arguing it represents a “non-tariff trade barrier” that could disrupt the $43.5 billion forest product trade between Europe and America.
The second big bully here was China. The government in Beijing voiced opposition to the law primarily due to concerns about sharing geolocation data. This data is seen as a security risk, complicating compliance for Chinese exporters, the Chinese Communist Party argues. Through its Belt and Road Initiative, China controls over 30% of the global supply chain of forest products.
Information about that can be found across the web, one brief report is here.