# Deforestation in Amazon, MEPs call on EU not to be complicit in it | AGENCE EUROPE

> MEPs criticised Brazil's Bolsonaro government over land grabbing and deforestation in the Amazon during the Covid-19 pandemic. They urged the EU not to be complicit through its agricultural and trade policies, including the Mercosur agreement. Environment Commissioner Sinkevičius said trade deals are a means of enforcing climate commitments.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/52640-deforestation-in-amazon-meps-call-on-eu-not-to-be-complicit-in-it-agence-europe
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Political pressure on the EU-Mercosur deal and Brazilian soy and beef sourcing could eventually affect EU import demand, but no immediate policy change was announced.

## Read by commodity

- SBM: neutral
- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-04-21 | [Combating imported deforestation in EU, Christophe Hansen caught between ambition and pragmatism \| AGENCE EUROPE](https://feedsoft.ai/events/41865-combating-imported-deforestation-in-eu-christophe-hansen-caught-between.md) | -4.1% | -12.1% |
| SBM | 2020-07-01 | [Fight against EU-induced deforestation requires a duty of care, according to draft ‘Burkhardt report’ \| AGENCE EUROPE](https://feedsoft.ai/events/52141-fight-against-eu-induced-deforestation-requires-a-duty-of-care-according-to.md) | +1.9% | +0.2% |
| SBM | 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) | +0.8% | -5.1% |
| SBM | 2018-11-09 | [Denmark leading the way against deforestation in the EU - The Copenhagen Post](https://feedsoft.ai/events/62076-denmark-leading-the-way-against-deforestation-in-the-eu-the-copenhagen-post.md) | -0.2% | +0.6% |
| SBM | 2021-01-23 | [Deforestation in Supply Chains: Focus on Due Diligence](https://feedsoft.ai/events/49161-deforestation-in-supply-chains-focus-on-due-diligence.md) | +1.8% | +0.9% |
| USDBRL | 2025-12-03 | [Analysis: Galípolo moves to contain year-end FX tension](https://feedsoft.ai/events/8059-analysis-galipolo-moves-to-contain-year-end-fx-tension.md) | +1.8% | +2.5% |
| USDBRL | 2022-07-21 | [Lula Advisers Draft Plans For More Aggressive Brazil FX Policy \| IBTimes](https://feedsoft.ai/events/40696-lula-advisers-draft-plans-for-more-aggressive-brazil-fx-policy-ibtimes.md) | -2.5% | -4.8% |
| USDBRL | 2024-11-30 | [Brazil Central Bank to ban self-custody stablecoins as BRL collapses against the USD](https://feedsoft.ai/events/27619-brazil-central-bank-to-ban-self-custody-stablecoins-as-brl-collapses-against.md) | +1.3% | +3.4% |

## Sources

- agenceurope.eu: https://agenceurope.eu/en/bulletin/article/12510/13/deforestation-in-amazon-meps-call-on-eu-not-to-be-complicit-in-it

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