Scholz Asks EU to Delay Deforestation Law in Latest Critique (1)

German Chancellor Olaf Scholz said he’s asked the European Union to suspend a new regulation designed to reduce deforestation, as criticism mounts over the new rules.

The German leader’s comments add to objections voiced by nations like Brazil, Indonesia and Malaysia, which argue that it will have a negative impact across global commodities markets. Scholz said he shared concerns raised by publishers about the regulation, known as EUDR, and its potential impact on print products when it’s implemented at the end of this year.

“To be clear: the regulation must be practicable,” Scholz said on Thursday at a BDZV ...