How will the EU rule on deforestation affect Brazilian agriculture?

Producers in the agricultural sector who wish to continue exporting to the European Union (EU) have six months to comply with the new EU regulations aimed at curbing deforestation, which will come into effect on December 31 This legislation is part of the Green Deal, approved in 2019, to achieve the goals of the Paris Agreement Companies planning to sell soy, beef, coffee, palm oil, cocoa, wood, and rubber to the EU must demonstrate that their supply chains have not contributed to deforestation after December 31, 2020 Brazil, a major exporter of these raw materials, will be affected, as the EU is its second-largest trading partner and these products account for 30% of Brazilian trade, with over a third of exports destined for Europe.