Conflict in Ukraine and sanctions against Russia: the consequences on the timber market – ATIBT
As relayed by Le Commerce du Bois, the European Union has decided on new sanctions against Russia. Although these measures do not impact the tropical timber trade for the moment, it is likely that the situation will have repercussions on the tropical sector in the weeks and months to come. On April 8, the Council of the EU adopted a fifth set of sanctions against Russia due to Russia's continuing war against Ukraine.