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February 13, 2025

Russian government moves to support domestic timber processing due to export difficulties

The Russian timber processing sector is facing difficulties in selling products on foreign markets, prompting the need for stronger domestic support. The issues experienced by processors have raised concerns regarding the stability of the industry, which has led to various government initiatives aimed at strengthening local operations. To address these concerns, the government is focusing on increasing domestic processing capacity, which aligns with broader strategic goals of economic stability. The push for domestic processing also aims to reduce dependency on global markets and support local industries. A key focus has been improving support mechanisms for the forestry sector ...

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