New Zealand’s timber exports could face disruption as Russia seeks to expand to China
The ongoing war in Ukraine has the potential to disrupt New Zealand’s timber exports, as Russia looks to expand into China in the face of trade sanctions from western nations. Niagara Sawmilling group sales manager Jamie Barton said it was keeping a close eye on the trade-relationship between Russia and key export markets in Vietnam and China on the back of European Union trade sanctions against Russia. Russia was a large exporter of timber products to Europe, he said, and it was mindful that Russia may need to increase supply into markets ...
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