Coffee growers look to postpone EU deforestation requirement

By Gustavo Palencia

TEGUCIGALPA (Reuters) – The world’s top coffee body is set to request that the European Union postpone a requirement that imported beans come from areas not linked with deforestation, the group’s head said on Wednesday.

The rule, set to take effect at the end of the year, would ban sales of coffee – as well as cocoa, soy, palm oil, wood, rubber and cattle – if companies are unable to prove the product comes from an area where forests haven’t been cut down in recent years.

“We can’t meet that date, it is not possible,” said Vanusia Nogueira, director of the International Coffee Organization (ICO), in an interview.

The ICO, a United Nations-linked intergovernmental group, represents more than 90% of coffee production and more than 60% of consumption worldwide. Top coffee producers such as Brazil, Vietnam and Colombia are member countries.

“It’s a very ambitious deadline,” Nogueira said. “We believe that by working with (EU leaders), they might be more open to postponing that date.”

She did not specify for how long the ICO was looking to postpone the deadline.

Asked about the potential repercussions if coffee producers did not meet the deadline, Nogueira said the EU “will find some solution.”

“The European people like coffee very much… they will not be left without coffee,” she added.

Nogueira spoke at a coffee summit hosted by the Community of Latin American and Caribbean States (CELAC) in Tegucigalpa.

The nearly three-dozen member nations of the CELAC are expected to close the summit with a declaration requesting the EU to postpone the deforestation requirement date, Honduran Deputy Minister of Coffee Growing Carlos Murillo said.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    MetaTrader Blocked in China? Users Unable to See FX/CFD Broker Servers

    • May 28, 2025
    MetaTrader Blocked in China? Users Unable to See FX/CFD Broker Servers

    MetaTrader Unavailable in China? Users Unable to See FX/CFD Broker Servers

    • May 28, 2025
    MetaTrader Unavailable in China? Users Unable to See FX/CFD Broker Servers

    ESMA Pushes Social Media Giants to Address Unauthorised Financial Ads

    • May 28, 2025
    ESMA Pushes Social Media Giants to Address Unauthorised Financial Ads

    Finfluencers Telling You What to Trade? UAE Says Not Without a Licence

    • May 28, 2025
    Finfluencers Telling You What to Trade? UAE Says Not Without a Licence