March 6, 2017
Cameroon confirms the 20% tax on exports of logs
Cameroon has confirmed the log export tax will be increased to 20% and has signalled it will further tighten checks on export documentation. It has also been announced that a mandatory bar code system for log identification, as used for sawnwood, is to be introduced. It is understood that Cameroon is ordering a one year complete halt on felling and export of bubinga. Producers report that it is their understanding that existing stocks of bubinga logs and sawnwood are to be inspected and inventoried by the Forest Department and then a decision will be made on ...
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