EU to delay rule that threatened US forestry industry

Published October 2, 2024 11:19am ET



The European Union is poised to delay its globally criticized deforestation regulations by one year after pressure mounted from U.S. lawmakers who said the rules would hurt the domestic forestry supply chain. 

On Wednesday, the European Commission proposed a 12-month postponement of the ban on imported goods that contribute to deforestation. While the law went into effect in June 2023, companies were not expected to comply until December of this year. 

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