Indonesia To Keep Export License System
Backing off an earlier announcement that Indonesian wood products exporters would no longer need to obtain a license showing the wood’s origin and legality, Indonesia’s Ministry of Trade recently reversed itself after an outcry from wood products brokers. Called “v-legal” (verified legal), the license system was developed years ago after Indonesian log exports came under fire for illegal and unsustainable logging practices. Companies across Indonesia objected to the original announcement in February, claiming it would irrevocably harm exports, lock Indonesian products out of the lucrative EU market and hurt the reputation of Indonesian producers who have worked to improve forestry practices. Under a 2013 agreement, all timber products shipped from Indonesia to the EU must have the v-legal license. Trade groups in the U.S.and Australia had also questioned the announcement. Backers claimed the v-legal process is too expensive, but others noted the move would hamper furniture exports that grew by almost 15% from 2018-19.
Latest News
Weyco Expanding In Arkansas With EWP
Weyco Expanding In Arkansas With EWPWeyerhaeuser Co. has announced plans to invest approximately $500 million to build a new, state-of-the-art...
GP Shakes Up Operations Leadership
GP Shakes Up Operations Leadership Georgia-Pacific has changed its operations leadership. Jeff Koeppel, senior vice president of operations, will...
Dieffenbacher Acquires Pagnoni
Dieffenbacher Acquires PagnoniGerman machine and plant manufacturer Dieffenbacher has acquired the Italian family-owned company Pagnoni Impianti...
European Commission Ruffles U.S. Feathers With New Regulations
European Commission Ruffles U.S. Feathers With New RegulationsThe European Commission is proposing that the new EU Deforestation Regulation be...
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!