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Russia might delay increase in wood export duties

Nov 19 2010  Russia might delay the proposed increase of wood export duties until 2012, news agency Bloomberg News reports.

Russia might delay the proposed increase of export duties on certain roundwood timber from 15 Euros per cubic meter to 50 Euros per cubic meter until 2012, according to the Russian Ministry of Economic Development and Trade.Originally, the 50 Euros-level should have been implemented already 2009, but it has been postponed twice.

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