What is the scope of the regulation concerning exports?
What is the scope of the regulation concerning exports?
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ESG Peers Answered question September 4, 2024
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The Regulation extends to both exports and imports. For exports, operators must incorporate the due diligence statement’s reference number into their export declaration. Additionally, exporters utilizing commodities already scrutinized under a due diligence statement may benefit from simplifications outlined in Article 4 (pertaining to EU-produced goods).
ESG Peers Answered question September 4, 2024