Indonesia aims long-term timber export growth in EU
Geplaatst: za mar 01, 2014 9:19 am
There will likely be a significant jump in timber exports to the European Union following the ratification of an agreement signed to curb illegal timber trade.
Deputy Trade Minister Bayu Krisnamurthi said Friday that Indonesia expected an increase in timber and timber product shipments to the EU by 5-7 percent during the initial phase, which could begin as soon as this year.
The shipment may increase gradually at a double-digit rate in the upcoming years.
The modest growth of exports throughout this year would still be affected by ongoing economic recovery in the 28-member bloc.
“With the ratification, our timber legality system receives recognition from the EU and our timber gains a competitive edge,” Bayu told reporters at his office
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