By Roberto Samora

SAO PAULO (Reuters) -A new proposal by the European Commission to ease its anti-deforestation law has disappointed Brazilian agribusiness exporters who made early investments to comply with the rules, Rabobank analysts said in a report seen by Reuters.

WHY IT’S IMPORTANT

Brazilian exporters of soybean, beef and coffee have invested to secure immediate premiums for adhering to the legislation by 2025, but the changes may delay expected gains and affect their competitiveness, the report showed.

CONTEXT

Under the anti-deforestation law, sellers of beef, cocoa, coffee, palm oil, soy and wood into the EU market will need to provide a due diligence statement proving their products do not cause deforestation.

The European Commission’s proposal establishes that checks and e

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