New EU trade rules could put poor countries in a billion dollar ‘green squeeze’

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New EU trade rules could put poor countries in a billion dollar ‘green squeeze’

Coffee is one of Ethiopia's main exports, but EU deforestation rules could cost the country US$1 billion a year. Yaroslav Astakhov / shutterstockThe EU parliament has just approved sweeping new rules that will require companies to avoid and mitigate human rights and environmental abuses in their supply chains. These are noble aims. They have been a long time coming. But without careful design and more proactive support for business and suppliers…