EU Parliament EUDR vote: Industry concerns mount as regulatory future hangs in the balance

The EU Deforestation Regulation (EUDR) faces a pivotal vote in the European Parliament, where its potential delay has stirred debate about the costs and complexities of compliance for businesses. Originally praised as a bold environmental initiative, the EUDR now finds itself at the center of a political and economic divide. The European Commission proposed a one-year delay in October, citing the need for more time to refine implementation without compromising EU economic stability. The European People’s Party (EPP), long a champion of pro-business policies, has proposed amendments that would exempt certain traders and introduce a “non ...