Much of this trade could come to an end next year when a new law proposed by Russia’s President Vladimir Putin will ban the exportation of softwood logs and high-value hardwood logs.
To encourage domestic processing of Russian timber, Putin also wants to implement a government program of subsidized loans for investing in wood processing facilities.
In 2018, the Russian government continued to implement policy to reduce the exports of raw wood and stimulate internal consumption of timber industry products.
SEATTLE -- Global trade of logs increased by almost 20 percent during the first quarter of 2010 as compared to the same quarter in 2009, according to a report by Wood Resources.