August 3, 2015

Moratorium on export of timber

On 10 July 2015, the amendments to the Law regulating peculiarities of state regulation over the activities of businesses involved in timber sales and export came into force.

Pursuant to these amendments, Ukraine introduces a temporary 10 year moratorium on exports of unprocessed timber and lumber. For trees, except pine, the ban shall commence on 1 November 2015, and for pine – on 1 January 2017.

These amendments were enacted due to demands of the association of timber processing enterprises, which had repeatedly pointed out the necessity of introducing changes into the Law in order to minimize negative impact on the economic sector.

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