Exporters urged to prepare for EU Green Deal

Filipino exporters must begin preparations to comply with the European Union's (EU) Green Deal requirements to remain competitive and facilitate smoother entry into global markets, according to the country's leading exporters' organization.

- By LOUELLA DESIDERIO

The Philippine Exporters Confederation Inc. said it is pushing for preparations to be made with some policies under the EU Green Deal set to take effect by this year and next year.

Through the EU Green Deal, the EU aims to transform the bloc into a modern, resource-efficient and competitive economy.

Michaela Summerer, associate expert at the Green and Inclusive Value Chains Section of the International Trade Centre said the EU Deforestation Regulation, which aims to ensure products sold in the EU do not contribute to deforestation, will take effect on Dec. 30 of this year.