A bill pending in the U.S. Congress aims to reduce greenhouse gas emissions and prevent the importation of manufactured goods from deforested areas around the world. In the same way, the European Union should present a plan in November to prevent imports from manufacturers who have not proven that their products do not come from the wild.
For Sylvia Fagnani, Brazil’s partner in thinking, if these plans progress, they will have an impact on agribusiness trade between Brazil and North Americans and Europeans.
“We have to worry about these projects. The feeling is that these are projects created for Brazil because our agriculture is very competitive, has great biodiversity and is still competing with these countries,” he recalled.
And according to Sylvia, a more detailed discussion is needed before the implementation of international environmental regulations because there are many differences between what the Forest Code was established and what it was proposed for. He also stressed that Brazil could seek international help if there were any restrictions on trade in agricultural products.
“Laws have environmental and economic sides, and this could create trade sanctions for Brazil and stop discussions at the World Trade Organization (WTO). However, it is important that Brazil and manufacturers continue to comply with their environmental laws,” he concludes.
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