1. EU deforestation regulation could be disastrous for beef trade.
- Author
-
Federation, U.S. Meat Export
- Subjects
BEEF industry ,BEEF quality ,APPLICABLE laws ,LOCAL foods ,GOAT meat - Abstract
The European Union Deforestation Regulation (EUDR) is set to be implemented at the end of this year, despite calls for postponement. The regulation will require companies selling certain products, including beef, to prove that their products are deforestation-free and legal. The U.S. beef industry is concerned about the regulation, as it believes it does not contribute to deforestation and that the requirements are not well-defined. The U.S. and other trading partners have requested a delay in implementation, citing concerns about the regulatory burden and additional costs. Import data already shows a decline in U.S. beef exports to Europe, and the industry fears that EUDR will make it even more difficult to access the European market. [Extracted from the article]
- Published
- 2024