Cocoa traders call for delay of the EU environmental regulation to avoid supply chain impacts

게시됨 2024년 9월 19일

Tridge 요약

The European Cocoa Association (ECA), which represents major cocoa traders including Barry Callebaut and Cargill Inc., has appealed to the European Union (EU) for a delay in the implementation of the European Deforestation Regulation (EUDR), scheduled for December 30. The ECA is seeking a minimum six-month extension, citing a lack of clarity on the regulation's key provisions and concerns over its potential impact on the cocoa supply chain. The EUDR aims to combat global deforestation but has faced opposition from major agricultural exporters like Brazil, Indonesia, and Malaysia, who warn it could harm international trade. The ECA's request highlights the challenge the EU faces in reconciling its environmental goals with global trade interests, particularly in the agricultural sector.

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원본 콘텐츠

Amid a growing chorus of criticism, major cocoa traders have called on the European Union (EU) to delay the implementation of a new environmental regulation aimed at combating global deforestation. The request was made in a letter to European Commission President Ursula von der Leyen by the European Cocoa Association (ECA), representing major players in the market such as Barry Callebaut and Cargill Inc. The new legislation, known as the European Deforestation Regulation (EUDR), is scheduled to come into force on December 30, but traders are calling for an extension of at least six months during the transition period. According to the ECA, the lack of clarity regarding key elements of the regulation makes efforts to adapt and comply with its requirements extremely uncertain. The ECA’s letter comes at a delicate time, just a week after German Chancellor Olaf Scholz expressed concerns about the impact of the regulation. Countries such as Brazil, Indonesia and Malaysia, major ...

출처: Mercado Do Cacau