Plattenindustrie

Reuters reported this week that Russia and the European Union struck a deal on Wednesday to phase out Russian export tariffs on raw materials.This is designed to smooth the way for Moscow’s entry into the WTO.

Russia will reduce its wood tariffs probably within a year. Russia has given this promise to reduce timber dutis in negatiations to the European Commission in exchange for membership in the World Trade Organization (WTO) according to the Finnish TV Yle.

Supply and demand in China, New Zealand’s major export log market, appears to be reaching a balance. As such, in-market prices for New Zealand logs in China and Korea have slowed from the rapid rises witnessed through September and October.

A chronic timber shortage has hit Kenya forcing the country to turn to expensive imports from neighboring countries.

After some tough years, the economic crisis is over for the Baltic states, Poland and Russia,  at least in terms of growth, according to Nordea´s Baltic Rim Outlook. Estonia's forthcoming accession of the euro underlines that a new era has begun for the Baltics. Exports have initially been th