Illegal Deforestation Import Ban: Protecting Forests and Human Rights
This new law aims to stop the import of products into the US that originate from illegal deforestation. This means companies will need to verify the source of their goods to ensure they are not contributing to forest destruction and human rights abuses. As a result, consumers can be confident that the products they purchase are ethically and legally sourced.
Key points
Import Ban: Products made from illegally deforested land, such as palm oil, soybeans, cocoa, cattle, and rubber, will be prohibited from entering the US.
Due Diligence Requirement: Importers must demonstrate they have exercised reasonable care to ensure their products are not linked to illegal deforestation. For high-risk countries, detailed origin information will be required.
Support for Countries: The US will assist countries committed to eliminating illegal deforestation by providing financial and technical aid.
Procurement Preference: Companies demonstrating deforestation-free supply chains will receive preferential treatment in government contracts.
Combating Money Laundering: Illegal deforestation will be classified as a specified unlawful activity, making it easier to prosecute those laundering money from such activities.
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