-
China's Communist Party elite hold key talks on governance
-
UK households advised to prepare for three days without essential services
-
جمارك دبي تنجز 1.36 مليون طلب لاسترداد التأمينات في ستة أشهر
-
Redditch Santa fun run to return to Arrow Valley Park
-
Chiefs and 49ers suffer first losses of NFL season, Vikings stay unbeaten
-
Obama links Trump trade policy to higher costs in Detroit speech
-
حرة مطار الشارقة تجذب استثمارات دولية جديدة في الصناعات الغذائية
-
Obama mocks Trump tariffs on Canada during Michigan campaign stop
-
مقاطع الذكاء الاصطناعي تدخل قلب الحملات الانتخابية الأميركية
-
Saudi coalition says intercepted missile after Houthis hit Riyadh airport
-
Brewers erase four-run deficit as Rays lose World Series Game 2
-
'I feel so happy!': Ecstasy, relief among Brazil's Lula supporters
-
Shadab century and record last-wicket stand carry Pakistan past England
-
شراكة رياضية تعزز نجاح كأس الإمارات للغولف للناشئين 2026
-
Brazil's Lula clinches poll victory, Bolsonaro seeks to annul election
-
Baylor dismisses Dave Aranda and appoints Joe Klanderman interim coach
-
Doncic dominates for Lakers as James' Sixers fall to Pistons
-
Stocks sink as traders brace for tech earnings, central bank decisions
-
UP schools close for Valmiki Jayanti as coastal states monitor cyclone risk
-
المصرف المركزي الإماراتي يعرض في بانكوك مسيرة الريادة المالية والشراكات
-
Albert Zahn’s carved birds find a lasting home in Wisconsin museums
-
الزيودي: صادرات الإمارات إلى بنين مرشحة لبلوغ مليار دولار بحلول 2033
-
France's debt woes in focus as ECB meets
-
NPS Vatsalya offers three choices when a child turns 18
-
US midterm political advertising crosses $10 billion
-
China's Communist Party elite gather for governance talks
-
Data center next door divides old Massachusetts mill town
-
خسائر بـ1.15 مليار إسترليني تهز سوق العقارات البريطانية
-
Maine logging, cross-border ties whipsawed by US-Canada tariff war
-
AI ad blitz distorts US midterms
-
From Carnegie to Claude: AI wealth could reshape philanthropy
-
Israel's Eisenkot vows unity as Netanyahu paints him as soft on Iran
-
India and Russia plan 2027 pilot voyages on Northern Sea Route
-
First international flight takes off from new Sydney airport
-
What challenges await Brazil's Lula in his fourth term?
-
Jio’s next phase turns attention from subscriber growth to returns
-
هيئة الدواء و«المهن الطبية» تبحثان دعم التصنيع المحلي وتوافر المستحضرات
-
Brazil's Lula defies odds to clinch poll victory against Flavio Bolsonaro
-
Eric Ries sets out how mission-driven companies can endure
-
بحث رعاية العمالة غير المنتظمة بين وزارة العمل و«مستقبل مصر»
-
Falcons hand 49ers first defeat of NFL season, Vikings remain unbeaten
-
Book examines five forces driving the next phase of Indian startups
-
Readers debate YES Bank bonds, climate commitments and candidate disclosure
-
Lula, Bolsonaro in virtual tie halfway through Brazil vote count
-
مباحثات لتوطين إنتاج المستحضرات الدوائية بين هيئة الدواء و«إيست فارما»
-
Australian politicians pay tribute to wounded lawmaker
-
Antonelli looks to seal title 'in style' after US Grand Prix win
-
Modi opens RBI data centre and cybersecurity training institute
-
Real Madrid century 'just a detail' for Mbappe after Clasico win
-
Nifty heads toward weakest Samvat of Modi era after 13% fall
EU agrees ban on imports driving deforestation
The European Union reached an agreement Tuesday to ban the import of products including coffee, cocoa and soy in cases where they are deemed to contribute to deforestation.
The draft law, which aims to ensure "deforestation-free supply chains" for the 27-nation EU, was hailed by environmental groups as "groundbreaking".
It requires companies importing into the EU to guarantee products are not produced on land that suffered deforestation after December 31, 2020, and that they comply with all laws of the source country.
The scope encompasses palm oil, cattle, soy, coffee, cocoa, timber and rubber as well as derived products such as beef, furniture and chocolate.
Illegal production has spurred massive deforestation in countries such as Brazil, Indonesia, Malaysia, Nigeria, the Democratic Republic of Congo, Ethiopia, Mexico and Guatemala.
The United Nations' Food and Agriculture Organization estimates that an aggregate area of land bigger than the European Union, or some 420 million hectares (more than one billion acres), has been deforested around the world over the past three decades.
The European Union is the second-biggest market for consumption of the targeted products after China.
Pascal Canfin, chairman of the European Parliament's environment committee, hailed the agreement, and how its impact would feed through to everyday items Europeans consume.
"It's the coffee we have for breakfast, the chocolate we eat, the coal in our barbecues, the paper in our books. This is radical," he said.
- 'Historic' -
The environmental lobby group Greenpeace called the draft law, agreed between the European Parliament and EU member states, "a major breakthrough".
Another, WWF, called it "groundbreaking" and "historic".
"This regulation is the first in the world to tackle global deforestation and will significantly reduce the EU's footprint on nature," the WWF said in a statement.
Both groups called on the EU to go further, by expanding the scope of the law to include savannahs, such as Brazil's Cerrado, which are also under threat by encroaching ranchers and farmers.
Greenpeace noted that financial institutions extending services to importing companies would not initially come under the new law, but that they would come under review two years later.
Both the European Council -- representing the EU countries -- and the European Parliament now have to officially adopt the agreed law. Big companies would have 18 months to comply, while smaller ones would get a longer grace period.
"The new law will ensure that a set of key goods placed on the (European Union) market will no longer contribute to deforestation and forest degradation in the EU and elsewhere in the world," the European Commission said in a statement.
"The battle for climate and biodiversity is accelerating," French President Emmanuel Macron tweeted.
- Big fines -
The parliament said in a statement that the law opened the way for technology such as satellite monitoring and DNA analysis to verify the provenance of targeted imports.
High-risk exporting countries would have nine percent of products sent to the EU checked, while lower-risk ones would have lower proportions scrutinised.
Companies found violating the law could be fined up to four percent of annual turnover in the EU.
The legislation would be reviewed one year after coming into force, to see whether it should be extended to other wooded land.
Another review at the two-year mark would have the commission considering whether to expand it to cover other ecosystems and commodities, as well as financial institutions.
J.AbuHassan--SF-PST