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MYANMAR: Timber Imports Approved as Domestic Forest Protection Remains a Priority

Myanmar is to begin importing raw timber, while also seeking to maintain measures designed to protect its own forestry resources. The country enacted a ban on timber exports in 2015 and currently has a temporary prohibition on logging in place.

The new move will ensure that Myanmar businesses can continue to compete internationally in exporting furniture and other wooden products. At present, local factories are reliant on stocks of teak and hardwood that date back prior to the imposition of the logging ban.

Content provided by Picture: HKTDC Research
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