Blogs & client briefs
23rd October 2024
Deforestation regulation: new requirements for businesses and a major challenge for global trade
Last year, the European Union approved a new regulation aimed at combating global deforestation. This regulation focuses on strengthening environmental protection and introduces major changes for businesses trading within the EU market. The new obligations will not only affect European companies but will also indirectly impact foreign businesses that trade with them, thereby having significant effects on international trade and global supply chains.