Russia as one of the largest round wood exporters increased export duties in order to stimulate development of woodworking sector. However, that led to serious problems at the Finnish timber companies that depend on timber supplied from Russia. 

Currently Vladimir Putin confirmed that Russia will not increase export duties on round wood for Finland in order to support Finland in existing crisis conditions. Governments of both countries came to an accommodation re. timber trade.

Business Support Bureau "Runa" www.runa.info

For more information about Russian timber industry, please see MOST  (Market Overview. Statistics. Trends) - regularly updated digest of the situation in the Russian timber industry!