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March 25, 2014

Indonesia wood exports to EU may rise up to 10%, following VPA

On 27 February the European parliament ratified the EUIndonesia Forest Law Enforcement, Governance and Trade (FLEGT) Voluntary Partnership Agreement (VPA), ITTO reported.    This agreement acknowledges that Indonesian timber and wood products are being certified through the domestic timber legality verification system (SVLK) as legally harvested and processed, thus complying with the EU Timber Regulation, which became effective in March last year.    With this ratification by the EU, Indonesian timber producers and exporters have gained a competitive edge in the EU market said Bayu Krisnamurti, Indonesia's Deputy Trade Minister. Indonesia is one ...

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