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
Boise Cascade Invests $140 Million In Three Facilities
Boise Cascade Invests $140 Million In Three FacilitiesBoise Cascade shared additional details regarding its previously announced $140-million...
Timberlab Collaborates With SCM On CLT
Timberlab Collaborates With SCM On CLTTimberlab confirmed its collaboration with Italian manufacturer SCM, for the supply of innovative technologies...
Chris Brown Assumes Role As Mid-South President
Chris Brown Assumes Role As Mid-South President Mid-South Engineering recently bid a happy retirement to President Marc Stewart after 27 years with...
Con-Vey Expands Operations In Oregon
Con-Vey Expands Operations In Oregon Con-Vey is planning an expansion of its operations with the acquisition of approximately 15 additional acres,...
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!