Russian Round Timber Export Duties Likely to Increase
004. Russian round timber export duties may be increased, deputy minister of economic development Muhamed Tsikanov said during a meeting in Krasnoyarsk.
Mar 03, 2004. /Lesprom Network/. Russian round timber export duties may be increased, deputy minister of economic development Muhamed Tsikanov said during a meeting in Krasnoyarsk.
However the rise will not come overnight, a certain preparatory period will be set for exporters to get accustomed to the new duties and optimize financial losses in the future. Timber goods export duties will have to be declined, which will transfer Russian timber sector, presently exporting raw timber, into final product exporter.