Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / China / Global / Russia
October 13, 2020
Timber export ban will encourage Chinese investors to open processing plants in Russia
Russia's ban on the supply of unprocessed timber abroad will encourage Chinese businessmen to open timber processing plants in Russia. This is the opinion of Ekaterina Novikova, associate professor in the Economic Theory Department of Plekhanov University of Economics, Russia. As GWMI informed earlier, Russian President Vladimir Putin instructed the Russian government to ban the export of unprocessed timber from January 1, 2022. Namely softwood and some hardwood species. The expert said in an interview for the Russian media that the issue of the need for a ...
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