Navigating The EU Deforestation Regulations: Scope, Coverage And Impact On Indian Exporters

Introduction

Deforestation remains a pressing global concern with alarming consequences for the environment, biodiversity, and climate change. In an effort to combat this issue, on 9 June 2023, the European Union notified the European Union Deforestation Regulation ('EUDR'). The EUDR is a set of comprehensive regulations targeting the imports and domestic production of products associated with deforestation.

The EUDR lays down rules for making the product covered under the regulations available in the EU market. These regulations will also have far-reaching implications for Indian producers and exporters engaged in the trading of commodities like coffee, chocolates, soy, and wooden furniture. In this article, we will provide a brief overview of the EUDR, what it entails, and explore the impact of EUDR on Indian exports to the European Union.