HYDERABAD: Hyderabad-based

sustainability technology

player, TrayamBhu Solutions Private Limited (

TRST01

) has inked a MoU with The

Rubber Board

, under the Union commerce and industry ministry, for ensuring

natural rubber exports

from India comply with European Union Deforestation Regulations (EUDR).
As a technology partner to The Rubber Board, TRST01 will develop and host a software solution for issuing due diligence certificates to natural rubber products exporters in India as per EUDR requirements, it said.

EUDR, which is scheduled to be fully implemented from December 30, 2024, will impose new requirements on companies supplying their goods to the EU market or exporting outside the EU. Seven commodities such as rubber, coffee, cocoa, timber, cattle, soya, and palm oil that are used in producing products such as tyres, furniture, chocolate, leather, clothing, products made of natural rubber, paper packaging, and pallets will be affected.
The new EUDR norms mandate that these companies conduct thorough deforestation analysis, detailed risk assessment, and risk mitigation to ensure these goods are not sourced from deforested areas.

The agreement will help strengthen collaboration between industry and regulatory bodies, focusing on compliance with stringent deforestation regulations such as the EUDR being enforced for commodity exporters.
The Rubber Board CEO & ED M Vasanthagesan said the collaboration will enable exporters to comply with EUDR, make Indian rubber growers globally competitive, and get them wider opportunities for their produce.
TRST01 CEO Prabir Mishra said the move will boost commodity traceability and ensure compliance with regulations like the EUDR more efficiently.

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