Russian experts: banning the export of raw wood will encourage Chinese investors to set up processing plants in Russia

Russian experts: banning the export of raw wood will encourage Chinese investors to set up processing plants in Russia

Some news reports say that Russia’s ban on the export of raw timber will encourage Chinese investors to invest in processing plants in Russia.

It is said that since 2022, the export of unprocessed coniferous and precious hardwood species from Russia will be banned. Experts pointed out that the necessity of the ban has long been discussed in Russia. Until recently, Russia exported timber to other countries as a natural raw material for the production of finished products. Therefore, within the framework of global value chain, Russia has defined its role as the supplier of the lowest value-added resources.

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