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30 Dec 2025 13:59
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      Home > News > Business

    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


    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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     30 Dec: Projections investors will return to the housing market in 2026
     30 Dec: Record numbers of first-home buyers are participating in the housing market
     28 Dec: Melbourne could be facing water-restrictions from low-rainfall, a dry summer, and high water-use
     28 Dec: A dip in sales and wild weather hasn't dampened retailers' spirits - with hopes things will turn a corner in 2026
     28 Dec: New insurance data reveals Bali is still a spot of trouble for New Zealand travellers
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    BUSINESS BUSINESS
    The EU's new deforestation regulation could be favourable to New Zealand - when it eventually kicks in More...


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