Russia Again Postpones Increase of Roundwood Export Duties
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Russia's government has postponed the increase of round wood export duties once again, by one year, until 2011. The Decree No.1071, signed by Prime Minister Vladimir Putin, is valid from the first day of this year. The export duty for wood will remain on previous level, which means an export duty for softwood in 2010 of 25%, but not less than EUR 15 per cubic meter. From the beginning of 2011, the duty for softwood will be 80%, but not less than EUR 50 per cubic meter. The export duty for birch exceeding 15 cm in diameter will be 25%, but not less than EUR 15 per cubic meter. According to the decree, birch with a diameter of less than 15 cm will enjoy a zero duty from Jan. 1, 2011 onwards. Export duty for aspen, poplar, and eucalyptus in 2010 will be 10%, but not less than EUR 5 per cubic meter. The duty for these species will be raised at the beginning of 2011, and amount to EUR 50 per cubic meter, unless a new decree to change the situation is given.
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