At a working session between Minister of Agriculture and Rural Development Le Minh Hoan and EC representatives (Photo: VNA) The regulation, approved by the European Commission(EC) on May 16, 2023, is the latest by the EU regarding green, sustainabledevelopment, specifically deforestation-free agricultural products.
It sets mandatory due diligence rules for alloperators and traders who place, make available or export the followingcommodities from the EU market: palm oil, cattle, wood, coffee, cocoa, rubberand soy.
The rules also apply to a number of derived productssuch as chocolate, furniture, printed paper and selected palm oil based derivatives (used for example as components in personal care products).
They will be applicable to most companies fromDecember 2024. Micro-enterprises and small-medium enterprises would have an additionalsix months to comply with the regulation's requirements.
Binh Phuoc’s key products like rubber, cashew nuts,coffee, pepper, durian, and wood and wood products are expected to be impactedby the requirements.
Under the document, the Chairperson of the provincial People’sCommittee asked relevant agencies, localities, organisations and individuals toclosely monitor risk-prone areas, and step up inspections over forestprotection.
The chairperson also suggested agencies and localities receive orbuild and recognize the national database on natural and man-made forests, which,he said, should be used as the basis to identify the areas at risk of deforestationat different levels, thus setting forth proper solutions in forest management.
The committee also emphasised traceability across supply chains, and livelihood support forfarmers, especially ethnic minority groups and poor residents in the areas interspersedwith or near forests, and remote areas to meet the EU requirements. /.
The committee also emphasised traceability across supply chains, and livelihood support forfarmers, especially ethnic minority groups and poor residents in the areas interspersedwith or near forests, and remote areas to meet the EU requirements. /.
VNA
