In a rare show of alignment, the United States and Qatar have jointly warned the European Union that its proposed Corporate Sustainability Due Diligence Directive (CSDDD) could pose an “existential threat” to global energy affordability and security. The two nations argue that the EU’s plan to impose extraterritorial fines for non-compliance with environmental and human […]
U.S. and Qatar Warn EU Over CSDDD Read More »
The European Union has recognised the Malaysian Sustainable Palm Oil (MSPO) certification as a credible standard to help companies comply with its new deforestation regulation, Malaysia’s certification body has announced. However, this recognition does not confer the “low risk” classification granted to U.S. commodities, leaving a two-tier system in place for the EU’s trading partners.
Controversy Over EU Deforestation Rules Continues Read More »
The European Union’s Deforestation Regulation (EUDR), designed to prevent deforestation through tighter controls on commodity imports, is encountering growing opposition from both corporate stakeholders and environmental analysts. Central to the criticism is a disparity between how the EU categorizes countries by deforestation risk and the actual deforestation trends observed through satellite and field data. A
EU Deforestation Regulation Faces Scrutiny Over Inconsistent Risk Classifications Read More »
Malaysia has sharply criticized the European Union’s decision to classify it as a “standard risk” country under the EU’s new anti-deforestation regulation, arguing that the designation is based on outdated data and reflects a broader pattern of the EU using environmental policy to exert control over trade. Speaking at an event in Singapore, Malaysian Commodities
Malaysia Slams EU’s “Standard Risk” Deforestation Label Read More »
India is pushing for significant concessions in its free trade talks with the European Union, signaling growing resistance to the EU’s efforts to impose uniform standards on global partners. In an exclusive interview with The Capitals, India’s External Affairs Minister S. Jaishankar criticized the EU’s Carbon Border Adjustment Mechanism (CBAM), describing the policy as burdensome
India Seeks Major Trade Concessions from EU Amid Ongoing Free Trade Negotiations Read More »
Republican U.S. Senator Tom Cotton has joined a group of U.S. lawmakers in voicing strong opposition to the European Union’s Deforestation-Free Regulation (EUDR), arguing that it places unfair burdens on American industries and threatens billions of dollars in exports. In a letter to U.S. Trade Representative Katherine Tai, Cotton and his colleagues warned that the EU’s
U.S. Senator Tom Cotton lashes out at EU deforestation rules Read More »
The recent European Parliament election results have renewed speculation that the implementation of new EU deforestation regulations will be delayed, amid significant opposition to the European Green Deal. A postponement of the EUDR implementation would be favorable for those involved in the palm oil supply chain, from small-scale farmers in Suuth East Asia to manufacturers
The Council, Commission and European Parliament are currently finalising new EU legislation on mandatory due diligence to stop deforestation in supply chains. In September, the European Parliament already voted to substantially tighten up the European Commission’s original proposal, which entails requiring companies to check whether goods sold in the EU have not been produced on
Tensions between EU and South East Asia over EU legislation deemed to ‘increase poverty’ Read More »
In an comment piece for EUReporter, German ECR MEP Lars Patrick Berg writes: “The G20 Leaders’ Summit, taking place on Bali, Indonesia (15-17 November) is an opportunity to focus on how to get the global economy back on track. Specifically, how to improve trade and economic ties between the EU and the major emerging nations
Lars Patrick Berg MEP: G20 Summit should focus on global growth Read More »