The EU's new deforestation regulation could be favourable to New Zealand - when it eventually kicks in
The EU's new deforestation regulation could be favourable to New Zealand - when it eventually kicks in
30 December 2025
The law targeting commodities like wood and cattle, was set to kick in today - but has now been delayed a second time, until next year.
Trade Minister Todd McClay says he's aiming to win a better deal for our exporters.
Wood Processors and Manufacturers' Association chief executive Mark Ross says there are opportunities - despite the high compliance costs.
He says we've got sustainable forestry systems, we plant trees after harvesting, and we have the Forestry Chain of Custody to trace products - which could be an advantage.
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