On February 7th 2018 Therese Coffey, Parliamentary Under-Secretary of State for Environment and Rural Life Opportunities, pledged that the UK will continue to incorporate the EUTR policies after the Brexit.
Now that Brexit is approaching there is a lot of uncertainty for a lot of companies and the timber industry is no exception. However, Therese Coffey’s statement makes it clear that British timber companies still need to exercise due diligence, just as they should under EUTR. After Brexit, the EUTR and FLEGT will be replaced by laws with similar requirements.
What does due diligence under EUTR mean?
Due diligence under EUTR consists of three elements:
- Information collection
- Risk assessment
- Risk mitigation
You can read more about these requirements in this blog or watch this video.
What about a no-deal scenario?
With Brexit around the corner there is still a possibility that there we will be no-deal. If this happens, the UK automatically becomes a ‘third country’ under the EUTR. This means that if a British company imports wood from an EU country, it will be obligated to exercise their due diligence. This is quite a difference from the current situation where only the importer who places the timber on the EU market for the first time is required to do this. So if a British companiy imports wood from Poland for example, they should exercise due diligence after March 29th.
Want to know more?
If you have any questions about EUTR, timber due diligence, we strongly recommend requesting our webinar where an expert panel will supply very useful information about these topics and you will also be able to see a live demo of our timber software solution.