Russia’s invasion of Ukraine is likely to impact global trade in the coming months. Increased sanctions against trading with Russia and difficulty with financial transactions will probably interrupt and re-direct shipments of forest products throughout the world, according to Wood Resources International LLC (WRI). As a result, trade with Russia will likely decline, impacting long-established […]
Tag Archives: logs
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Oct
Oct
In a recent statement, Russian President Vladimir Putin ordered the government to strictly control the exportation of Roundwood and low-value forest products and to clamp down on the illegal trade of logs (in his terms: “hard-hitting decriminalization of the industry”). He also requested a “complete ban on shipments of unprocessed or roughly processed conifer and […]