The European Parliament and the Council of the EU this week reached a provisional agreement to grant a 12-month additional phasing-in period for the EU deforestation regulation. This postponement will allow third countries, member states, operators and traders to be fully prepared in terms of their due diligence obligations, to ensure that certain commodities and products sold in the EU or exported from the EU are deforestation-free. This includes products made from cattle, wood, cocoa, soy, palm oil, coffee, rubber and some of their derived products. Once formally adopted, the law will become applicable on 30 December 2025 for large companies and 30 June 2026 for micro- and small enterprises.

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