Export duties on three species (larch, spruce and fir) in Far East Russia has been raised by 15 points to 40% since January 2019. This will be increased to 80% in 2021, which practically stops log exports. However, if more than 25% of the export sales of log exporting companies are processed products such as lumber, veneer and wood chips in the last three years, log export duty is held at 6.5% for 2019 for those companies. The purpose of higher log export duty is to promote industrialization of Far East ...
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