Transparency and traceability in our industry have gone beyond mere watchwords. These days they are woven into the fabric of new and existing trade deals. They not only give the consumer confidence but they also insure that we continue to trade, reforest and secure jobs.
In the latest of such moves the EU, one of the largest importers of Vietnamese timber has acknowledged and agreed that the Vietnamese system of regulation which legally assures its timber and wood products, known as VNTLAS, will cover all timber and wood products from that country imported into the European Union. VNTLAS licenced products will therefore not need to be controlled by the EU’s timber regulation restrictions.
It is probably correct to assume this will cut a lot of red tape.