( May 4, 2026, 13:39 GMT | Official Statement) -- MLex Summary: Companies covered by the EU Deforestation Regulation are expected to see annual compliance costs fall by about 75 percent under simplification measures published Monday, the European Commission said. The package includes updated guidance and FAQs, a draft legislation piece on product scope, changes to the bloc’s information system and planned repositories for producer-country laws and certification plans.Full statement follows. Report, guidance document, FAQ and proposed legislation attached....
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