On 9 June 2023 the European Union (EU) published “Regulation (EU) 2023/1115” on the making available on the EU market and the export from the Union of certain commodities and products associated with deforestation and forest degradation (the "Deforestation Regulation" or the "EUDR"). The EUDR aims at combating deforestation and forest degradation by subjecting products placed on the EU market to strict due diligence requirements that exclude the risk of such products originating from land plots that were subject to deforestation or forest degradation.

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