Local forestry operators urge level playing field

Local forestry operators have called for a level playing field for all firms in the sector and say that foreign timber companies should be more involved in downstream operations and value-added production rather than in the exportation of logs.

“The foreign companies are allowed duty free importation of large quantities of machinery and equipment while most local companies get no such benefit,” the Forest Products Association (FPA) of Guyana said in a statement over the weekend.

“We welcome Foreign Direct Investment in the forest sector but do not support the plundering of the forests. Rather, foreign timber companies should be  …..To continue reading, login or subscribe now.

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