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flag Australia deemed "low risk" for deforestation, easing EU market access under new stringent laws.

flag Australia has been classified as "low risk" for deforestation by the European Commission, allowing easier access to the EU market under new anti-deforestation laws. flag The EU's regulation aims to ensure products like beef, cocoa, coffee, palm oil, rubber, soy, and wood are "deforestation-free" and legally produced. flag Countries like the US, UK, China, and Canada also received the low-risk designation, which simplifies due diligence for businesses. flag The law will impact around $110 billion in global trade, with full implementation for small businesses set for June 2026.

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