Export commission rates on logs up

The Guyana Forestry Commission (GFC) has announced new rates of export commission on logs destined for overseas markets with effect from August 1 this year.

The revised rates of export commission, a tariff payable by exporters under the forestry sector’s National Log Export Policy, reflect an incremental increase in the tariff during the period up to December 2014, after which a review will be conducted “to inform a revised policy for future years,”