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Australia timber industry says Russian wood is entering via sanctions loopholes Australia timber industry says Russian wood is entering via sanctions loopholes

Australia timber industry says Russian wood is entering via sanctions loopholes

Australia's forest products industry says Russian-grown timber is still reaching the country through third countries, despite tariffs imposed after Russia's invasion of Ukraine. The Australian Forest Products Association says the material is being rerouted and processed abroad before entering Australia as products that do not attract the Russian-origin tariff. The group says the issue is affecting local producers in a market it describes as already depressed.Acting chief executive Richard Hyett said timber can be manufactured in another country or substantially transformed and then avoid the tariff. He said Russian timber can be sent to China, turned into laminated veneer lumber,... [Continue Reading]

360LiveNews 360LiveNews | 21 Jun 2026 03:00 LONDON
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