The European Commission says it wants to make sure its IT system is "fully operational" to address the EU's contribution to the global challenge of deforestation as part of its new deforestation regulation (EUDR). At the same time, it says the proposal will simplify reporting obligations, notably for micro and small primary operators from low-risk countries worldwide, while maintaining a robust tracking mechanism. The EU deforestation law will enter into application on 30 December 2026 for micro- and sma ...

Core Insights - U.S. products will avoid strict checks under the EU's deforestation regulation, which is a significant development for trade relations between the U.S. and the EU [1] Group 1 - The EU's deforestation law aims to prevent products linked to deforestation from entering the market, impacting various industries [1] - U.S. companies will benefit from this exemption, potentially leading to increased competitiveness in the European market [1] - This decision may influence global supply chains and trade dynamics, particularly in sectors reliant on agricultural and forestry products [1]