# Future rules against imported deforestation in EU, Greens/EFA Group reiterates European Parliament’s expectations | AGENCE EUROPE

> The Greens/EFA group sent a letter to the European Commission restating Parliament's demands for an EU rule on imported deforestation. The demands include protecting all ecosystems, indigenous rights and due diligence for all products without a minimal-risk category. The Commission's proposal is expected on 17 November.

- Date: 2021-10-20 · published 2021-10-20T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/44587-future-rules-against-imported-deforestation-in-eu-greens-efa-group-reiterates
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tighter due-diligence demands could raise compliance costs for soy and palm oil imports into the EU, but this is a political position with no direct price effect yet.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-13 | [European Parliament calls for rules to end imported deforestation - Fern](https://feedsoft.ai/events/54635-european-parliament-calls-for-rules-to-end-imported-deforestation-fern.md) | +0.0% | -4.2% |
| SOY | 2021-09-16 | [Delara Burkhardt fears lack of ambition in future European law against global deforestation imported into EU \| AGENCE EUROPE](https://feedsoft.ai/events/45101-delara-burkhardt-fears-lack-of-ambition-in-future-european-law-against-global.md) | -0.9% | -7.7% |
| SOY | 2018-09-11 | [European Parliament calls for tangible EU measures to help put an end to deforestation \| AGENCE EUROPE](https://feedsoft.ai/events/63050-european-parliament-calls-for-tangible-eu-measures-to-help-put-an-end-to.md) | -1.2% | +4.3% |
| SOY | 2020-04-27 | [Sustainable Palm Oil, in line with European proposals against imported deforestation](https://feedsoft.ai/events/53663-sustainable-palm-oil-in-line-with-european-proposals-against-imported.md) | +1.8% | +0.1% |
| SOY | 2020-10-20 | [Broad consensus in European Parliament to call for a binding legal framework to fight deforestation driven by EU commodity imports \| AGENCE EUROPE](https://feedsoft.ai/events/50660-broad-consensus-in-european-parliament-to-call-for-a-binding-legal-framework-to.md) | +3.2% | +9.4% |
| PALMOIL | 2020-02-13 | [European Parliament calls for rules to end imported deforestation - Fern](https://feedsoft.ai/events/54635-european-parliament-calls-for-rules-to-end-imported-deforestation-fern.md) | -2.8% | -16.7% |
| PALMOIL | 2020-04-27 | [Sustainable Palm Oil, in line with European proposals against imported deforestation](https://feedsoft.ai/events/53663-sustainable-palm-oil-in-line-with-european-proposals-against-imported.md) | -4.9% | -4.9% |
| PALMOIL | 2020-10-20 | [Broad consensus in European Parliament to call for a binding legal framework to fight deforestation driven by EU commodity imports \| AGENCE EUROPE](https://feedsoft.ai/events/50660-broad-consensus-in-european-parliament-to-call-for-a-binding-legal-framework-to.md) | +2.7% | +15.4% |

## Sources

- agenceurope.eu: https://agenceurope.eu/en/bulletin/article/12817/29/future-rules-against-imported-deforestation-in-eu-greens-efa-group-reiterates-european-parliaments-expectations

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.