Southeast Asia's rubber producers brace for new EU rules

Illustrative image (Photo: https://arc-group.com/)The European Union (EU)'s rules aimed at stopping deforestation threaten widespread disruption for Southeast Asia's rubber sector, from Cambodia's 30,000 small farmers to major exporters in Thailand and Malaysia, according to Nikkei Asia.The EU's deforestation regulation (EUDR) aims to ban imports of seven commodities, including cattle, cocoa, coffee, palm oil, rubber, soy and wood items, if they come from land that was deforested after December 31, 2020.Accordingly, companies dealing in such imports will have to provide "conclusive and verifiable information" mapping their supply chains, including geolocation data for where products were grown, to ensure products are compliant.Compliance will become mandatory in December 2024 for larger companies and in June 2025 for smaller enterprises.Critics said the concern for Southeast Asia is that these requirements will disproportionately hurt small farmers while failing to adequately address rubber's role in deforestation.Thailand, the world's biggest rubber producer and exporter, is attempting to get out ahead of the new rules. Regulators there have set up a national platform to help the country's more than 5 million farmers meet the impending traceability requirements.Producers in Thailand are also grappling with increased costs as sustainability becomes more of a concern for buyers and a legal requirement in more jurisdictions.Thai Rubber Latex Group Chairman Vorathep Wongsasuthikul said building a system to allow customers to trace their products' provenance would push production costs up by 10%./.

November 03, 2023 21:27 UTC


Vietnam Football Federation nominated for AFC Diamond of Asia award

The Vietnam Football Federation (VFF) is among the top three nominees for the Asian Football Confederation (AFC) Diamond of Asia accolade presented to its best member association of the year at the upcoming AFC Annual Awards. (Photo: AFC)– The Vietnam Football Federation (VFF) is among the top three nominees for the Asian Football Confederation (AFC) Diamond of Asia accolade presented to its best member association of the year at the upcoming AFC Annual Awards The other two nominees in this category are the Kyrgyzstani and Lebanese football federations.The VFF said in its October 31 announcement that after a four-year hiatus, the annual awards will return to honor outstanding individuals and associations in Asian football last year. The awards ceremony is set to take place in Doha, Qatar, on October 31 (local time).Its nomination is a recognition of Vietnam 's remarkable achievements in 2022 which saw its national women's team qualifying for the World Cup 2023 for the first time and the national men's team securing a spot in the third round of the World Cup 2022 qualifiers and becoming the sole representative from Southeast Asia in this stage.The VFF, meanwhile, successfully organised domestic and international tournaments, such as the AFC Cup, the AFC Champions League group stage, and the 31st SEA Games’ football events, in the "new normal" conditions after the COVID-19 pandemic./.

October 31, 2023 16:14 UTC


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