NZ exporters face 'regulatory whiplash' from possible EU backsliding

NZ exporters face 'regulatory whiplash' from possible EU backsliding
The European Commission is reacting to a changing geopolitical landscape. (Image: BusinessDesk)
Greg Hurrell
New Zealand exporters to the European Union face fragmenting rules as the trading bloc pulls back on climate and sustainability reporting.Daniel Street, a partner at law firm DLA Piper, said proposed changes by the European Commission (EC) in February to relax many of the EU’s sustainability laws shocked many. It created a sense of “regulatory whiplash” for NZ exporters.That might sound like good news for NZ companies, but Street said the regulatory uncertainty for NZ exporters was increasing.“We don’t want a whole...

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