The Fort Worth Press - 'Welcome relief': Asia producers hail EU deforestation law delay

USD -
AED 3.67315
AFN 62.496392
ALL 82.902813
AMD 377.320391
ANG 1.790083
AOA 916.999786
ARS 1397.456097
AUD 1.430602
AWG 1.80225
AZN 1.701457
BAM 1.687977
BBD 2.01456
BDT 122.73608
BGN 1.709309
BHD 0.37751
BIF 2967.5
BMD 1
BND 1.279846
BOB 6.926967
BRL 5.249699
BSD 1.000203
BTN 93.723217
BWP 13.705842
BYN 2.961192
BYR 19600
BZD 2.011712
CAD 1.37645
CDF 2277.497352
CHF 0.788185
CLF 0.023228
CLP 917.15978
CNY 6.892698
CNH 6.893675
COP 3705.42
CRC 466.057627
CUC 1
CUP 26.5
CVE 95.375022
CZK 21.051902
DJF 177.720393
DKK 6.436198
DOP 60.000393
DZD 132.398006
EGP 52.569199
ERN 15
ETB 157.490528
EUR 0.861325
FJD 2.220304
FKP 0.74705
GBP 0.745915
GEL 2.705021
GGP 0.74705
GHS 10.935007
GIP 0.74705
GMD 73.498559
GNF 8777.49346
GTQ 7.659677
GYD 209.341164
HKD 7.82775
HNL 26.519988
HRK 6.492804
HTG 131.152069
HUF 336.463502
IDR 16888.55
ILS 3.12535
IMP 0.74705
INR 94.05385
IQD 1310
IRR 1313024.999887
ISK 123.880039
JEP 0.74705
JMD 157.845451
JOD 0.709023
JPY 158.700503
KES 129.693065
KGS 87.448494
KHR 4010.000161
KMF 425.999653
KPW 899.971148
KRW 1498.369856
KWD 0.306479
KYD 0.833571
KZT 482.866057
LAK 21575.000162
LBP 89549.999827
LKR 314.407654
LRD 183.650171
LSL 17.049912
LTL 2.95274
LVL 0.60489
LYD 6.369698
MAD 9.325968
MDL 17.4948
MGA 4159.999918
MKD 53.105008
MMK 2099.628947
MNT 3568.971376
MOP 8.061125
MRU 40.130066
MUR 47.874953
MVR 15.460338
MWK 1735.999659
MXN 17.748014
MYR 3.956501
MZN 63.90965
NAD 17.050462
NGN 1379.720037
NIO 36.719796
NOK 9.693804
NPR 149.95361
NZD 1.713256
OMR 0.384446
PAB 1.000203
PEN 3.458499
PGK 4.311498
PHP 59.930159
PKR 279.074978
PLN 3.67955
PYG 6526.476592
QAR 3.644501
RON 4.388602
RSD 101.162791
RUB 80.500172
RWF 1459
SAR 3.753872
SBD 8.041975
SCR 14.891243
SDG 600.999619
SEK 9.307115
SGD 1.278202
SHP 0.750259
SLE 24.595264
SLL 20969.510825
SOS 571.502171
SRD 37.339918
STD 20697.981008
STN 21.575
SVC 8.752314
SYP 110.977546
SZL 17.049478
THB 32.539929
TJS 9.597587
TMT 3.51
TND 2.902008
TOP 2.40776
TRY 44.345795
TTD 6.795811
TWD 31.915501
TZS 2570.000074
UAH 43.928935
UGX 3745.690083
UYU 40.762429
UZS 12205.000212
VES 458.87816
VND 26357
VUV 119.458227
WST 2.748874
XAF 566.134155
XAG 0.014018
XAU 0.000224
XCD 2.70255
XCG 1.802694
XDR 0.704159
XOF 564.503248
XPF 103.44991
YER 238.591881
ZAR 16.98248
ZMK 9001.200215
ZMW 18.929544
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    -0.0100

    22.87

    -0.04%

  • NGG

    0.2700

    82.33

    +0.33%

  • BTI

    -0.1600

    57.76

    -0.28%

  • RIO

    0.9300

    86.77

    +1.07%

  • BCE

    0.0700

    25.83

    +0.27%

  • GSK

    0.9600

    52.95

    +1.81%

  • RELX

    -1.3500

    32.46

    -4.16%

  • AZN

    1.7100

    185.78

    +0.92%

  • CMSD

    -0.1100

    22.63

    -0.49%

  • RYCEF

    -0.4500

    15.6

    -2.88%

  • VOD

    0.1800

    14.66

    +1.23%

  • BCC

    1.6900

    73.57

    +2.3%

  • JRI

    0.1800

    11.86

    +1.52%

  • BP

    1.2200

    44.79

    +2.72%

'Welcome relief': Asia producers hail EU deforestation law delay
'Welcome relief': Asia producers hail EU deforestation law delay / Photo: © AFP/File

'Welcome relief': Asia producers hail EU deforestation law delay

Producers from Malaysia's palm oil industry to Vietnam's coffee sector on Thursday welcomed a European Union decision to delay implementation of its anti-deforestation rules.

Text size:

The year-long delay triggered immediate outcry from environmental groups, but the legislation had faced substantial pushback from many governments and industries.

They criticised the law, which intended to prevent the import of products that drive deforestation, for confusing rules and complex documentation requirements that they said would particularly burden small-scale farmers.

The EU's decision to delay was a relief, said Trinh Duc Minh, chair of the Buon Ma Thuot Coffee Association.

"The extension of the timeline is necessary and reasonable," he told AFP, though he noted coffee prices that rose as companies stockpiled before the deadline might now drop.

Nguyen Xuan Loi, head of Vietnamese coffee exporter An Thai Group, also hailed the news as a "positive move".

"In reality, Vietnam has been strictly managing deforestation issues," he told AFP.

"There are hardly any violations anymore."

Global Forest Watch says Vietnam's primary forest loss has fallen from a peak in 2016, but the country still lost about 16,500 hectares in 2023, with commodity-driven deforestation a leading cause.

EU imports accounted for 16 percent of deforestation linked to global trade in 2017, according to WWF.

When the law was adopted in 2023 it was hailed as a major breakthrough to protect nature and the climate.

It requires exporters of cocoa, soy, timber, cattle, palm oil, rubber, coffee -- and items derived from those products -- to certify their goods were not produced on land deforested after December 2020.

- 'Welcome relief' -

Countries including Malaysia and Indonesia have vocally opposed the new rules and the chorus of criticism grew louder as the December implementation deadline neared, with Brazil and the United States among those voicing concern.

Malaysia's Palm Oil Council welcomed the proposed delay as a "victory for common sense".

The decision is a "welcome relief for all those businesses who highlighted the need for a delay," the body's head Belvinder Kaur Sron said.

"Malaysia has over the past two years consistently provided evidence... that the implementation date of 30th December 2024 was unworkable, and the EU systems were not ready," the council added in a statement.

It called for the EU to address outstanding demands, including exemptions for smallholders, clear benchmarking criteria and accepting Malaysia's sustainable palm oil standard.

In Indonesia, the country's leading palm oil association also welcomed the delay.

"Our calls have been listened to," said its chairman Eddy Martono, who also urged the EU to accept Indonesian sustainability standards and recognise its anti-deforestation efforts.

Palm oil is one of Indonesia's top commodity exports, but also a key driver of deforestation.

The country lost nearly 300,000 hectares of primary forest in 2023, an uptick from the previous year, though still down from the 2016 peak, according to Global Forest Watch.

Indonesian environmentalists warned that the EU delay was likely to mean more unchecked deforestation.

"We can't imagine how much more land-clearing or deforestation the one-year delay could cause in West Kalimantan and other places like Papua," said Uli Arta Siagian at Indonesian environmental group WALHI.

Uli acknowledged challenges in implementing the rules, but said there was no guarantee a year-long delay would fix those.

"It should have been implemented, and then the EU could see what needs to be corrected," she told AFP.

"For us, this decision is disappointing."

D.Johnson--TFWP