EU Deforestation Law Proposal Frustrates Brazilian Exporters, Rabobank Says
A new proposal by the European Commission to ease its anti-deforestation law has disappointed Brazilian agribusiness exporters who made early investments to comply with the rules, Rabobank analysts said in a report seen by Reuters.WHY IT'S IMPORTANTBrazilian exporters of soybean, beef and coffee have invested to secure immediate premiums for adhering to the legislation by 2025, but the changes may delay expected gains and affect their competitiveness, the report showed...
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