Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • UK inflation rose more than expected to 3.5% in April
    • Joy Behar Has Meltdown Over Jake Tapper’s Biden Book: What About Trump’s ‘Atrocities’? (VIDEO) | The Gateway Pundit
    • Flood victims stranded on roofs as downpours lash eastern Australia
    • International Tea Day: Spilling the tea on unusual teas around the world | Infographic News
    • Thunder’s depth overwhelms Wolves with big second half
    • Marxist Hillary Clinton Hates The Nuclear Family – Admits Repopulation Is Real
    • RIP – Actor George Wendt Who Portrayed Norm on Classic TV Show ‘Cheers’ Passes Away at 76 | The Gateway Pundit
    • Trump announces ‘Golden Dome’ missile defence project plans
    News Study
    Wednesday, May 21
    • Home
    • World News
    • Latest News
    • Sports
    • Politics
    • Tech News
    • World Economy
    • More
      • Trending News
      • Entertainment News
      • Travel
    News Study
    Home»World Economy

    Brazil urges EU to delay planned laws on deforestation

    Team_NewsStudyBy Team_NewsStudySeptember 12, 2024 World Economy No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Unlock the Editor’s Digest totally free

    Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication.

    Brazil has urged EU officers to delay implementing deforestation legal guidelines that it calls “unilateral and punitive”, growing strain on the European Fee over the landmark laws.

    Exports of wooden, soya and low are among the many merchandise affected by the brand new guidelines, which might cowl a few third of Brazil’s exports to the EU.

    In an effort to forestall European customers from contributing to world deforestation, any commodities from these sectors that originate from deforested land will likely be banned from the bloc. The principles additionally cowl different commodities reminiscent of palm oil, cocoa and rubber.

    In a letter, Mauro Vieira and Carlos Fávaro, Brazil’s overseas affairs and agriculture ministers respectively, requested that the EU delay implementation of the legislation, as a result of come into pressure on December 30, and “urgently reassess its method”.

    “We take into account the EU Deforestation Regulation to be a unilateral and punitive instrument that disregards nationwide legal guidelines on combating deforestation,” the ministers wrote.

    EU officers have indicated that the fee is contemplating a delay to the general implementation or a simplification of the principles. The fee declined to touch upon the Brazilian letter however stated it might reply “sooner or later”.

    Brazil and Colombia have requested for a debate on the measure on the World Commerce Group this month. They intend to place strain on the EU, one official stated. However neither nation has but initiated a proper grievance.

    Pascal Canfin, an MEP who was former chair of the European parliament’s setting committee, known as on Brazil to hurry up strikes to ban deforestation.

    “Brazil finds the deforestation regulation problematic because it covers one-third of its exports linked to deforestation. It’s as much as Brazil to ban deforestation, not the EU to vary its guidelines,” he stated in a put up on X.

    Brazil’s grievance echoes the considerations of the EU’s different buying and selling companions together with the US, which stated in a letter in June that the legislation offered “important challenges” to American timber, pulp and paper producers.

    Since saying the deliberate legislation in 2021, Brussels has confronted calls from buying and selling companions to delay or revise the laws, with specific strain being placed on its system of grading international locations in line with EU evaluation of whether or not they have “excessive”, “customary” or “low” danger deforestation.

    Diplomats from international locations in Latin America and south-east Asia, that are main exporters of commodities reminiscent of espresso and palm oil to the bloc, have pushed again in opposition to these standards. One described the benchmarking system as a “political instrument” that allowed the fee to decide on which international locations had elevated entry to the European market.

    In a speech to the European parliament in July, fee president Ursula von der Leyen stated Brussels ought to “hear and reply higher to the considerations of our companions impacted by the European laws”, significantly within the space of local weather and environmental legal guidelines.

    Brussels has already delayed the start of the strict benchmarking system, as an alternative deciding to classify all international locations initially as “customary danger”.



    Source link

    Team_NewsStudy
    • Website

    Keep Reading

    UK inflation rose more than expected to 3.5% in April

    Marxist Hillary Clinton Hates The Nuclear Family – Admits Repopulation Is Real

    $10 Trillion In Capital Flows To US?

    Meet the insurgent economists promoting a global wealth tax

    Market Talk – May 20, 2025

    Chinese direct investment in Europe rises for first time in 7 years

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    UK inflation rose more than expected to 3.5% in April

    May 21, 2025

    Joy Behar Has Meltdown Over Jake Tapper’s Biden Book: What About Trump’s ‘Atrocities’? (VIDEO) | The Gateway Pundit

    May 21, 2025

    Flood victims stranded on roofs as downpours lash eastern Australia

    May 21, 2025

    International Tea Day: Spilling the tea on unusual teas around the world | Infographic News

    May 21, 2025

    Thunder’s depth overwhelms Wolves with big second half

    May 21, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    About us

    Welcome to NewsStudy.xyz – your go-to source for comprehensive and up-to-date news coverage from around the globe. Our mission is to provide our readers with insightful, reliable, and engaging content on a wide range of topics, ensuring you stay informed about the world around you.

    Stay updated with the latest happenings from every corner of the globe. From international politics to global crises, we bring you in-depth analysis and factual reporting.

    At NewsStudy.xyz, we are committed to delivering high-quality content that matters to you. Our team of dedicated writers and journalists work tirelessly to ensure that you receive the most accurate and engaging news coverage. Join us in our journey to stay informed, inspired, and connected.

    Editors Picks

    Date is set for Klay Thompson’s return to Golden State

    August 13, 2024

    LeBron James injury puts damper on final stages of NBA season

    March 10, 2025

    Pirates enjoy some luck in extra-inning win vs. Cardinals

    April 9, 2025

    Mpox crisis: Why do African countries struggle to make or buy vaccines? | Health News

    September 12, 2024
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Newsstudy.xyz All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.