Coffee traders speed up shipments before EU deforestation law, says ICO

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International Coffee Organization

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SANTOS, Brazil - Coffee importers have increased the pace of shipments recently, seeking to avoid problems after December when the European Union's Regulation on Deforestation Free Products enters into force, said the International Coffee Organization on Wednesday.

"Importers are speeding up shipments because there are questions about the law that the Europeans didn't answer yet," said Nogueira on the sidelines of the International Coffee Seminar 2024 in Santos, Brazil."And who knows if we are going to have surprises?" she said.The European Union is the largest market for coffee in the world, while the beans are produced in tropical countries.

Source: Law Daily Report (lawdailyreport.net)

International Coffee Organization

 

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