KUALA LUMPUR (Reuters) -Malaysia has set up a special committee to strengthen the country’s response to the European Union’s anti-deforestation law, the commodities ministry said on Thursday.
A key priority of the committee is to secure Malaysia’s status as a low-risk country under the European Union’s anti-deforestation framework and strengthen its traceability systems, the ministry said in a statement.
The bloc’s landmark deforestation law is set to take effect in December.
The law requires companies and traders importing soy, beef, cocoa, coffee, palm oil, timber, rubber and related products to prove their supply chains do not contribute to the destruction of the world’s forests, or face hefty fines.
(Reporting by Ashley Tang; Editing by David Stanway)
