The EU Green Deal is a transformative initiative aimed at making the European Union climate-neutral by 2050. This comprehensive strategy impacts EU imports and exports by promoting sustainable trade practices and implementing stringent environmental standards. The deal encourages the transition to a circular economy, affects carbon border adjustments, and imposes new regulations on non-compliant products. These changes are reshaping trade relations and supply chains, influencing global markets, and fostering innovation in green technologies. As businesses adapt, understanding the Green Deal's implications is crucial for navigating the evolving landscape of EU trade and seizing opportunities in sustainable commerce.
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