PNG Becomes World’s Largest Tropical Log Exporter

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PNG Becomes World’s Largest Tropical Log Exporter 3.8 million cubic meters of logs valued at $317 million

PORT MORESBY, Papua New Guinea (PNG Post-Courier, July 22, 2015) – The Asia-Pacific region is the main export destination for nearly 100 per cent of the logs and wood products that are exported from Papua New Guinea.

The country has become the biggest tropical log exporter in the world during the past two years, says Forest Minister Douglas Tomuriesa.

"Papua New Guinea exported a record volume for the first time of 3.8 million cubic metres of logs in 2014," he said in a statement.

He added that the export was valued at more than K900 million [US$317 million].

Mr Tomuriesa said this when announcing that Papua New Guinea would be hosting the third APEC meeting of ministers responsible for forestry in October in Port Moresby.

The meeting is a follow up of two previous forestry-related ministerial meetings, one in China in 2011 and the other in Peru in 2013.

"Our increased connectivity and participation in this regional forum will enhance our ability to secure and protect our markets as well as enable us to engage in APEC initiatives like the increase in forest cover by 20 million hectares in the Asia Pacific region by 2020 to combat adverse effects of climate change.

"Papua New Guinea needs to progress its efforts in further downstream processing of logs consistent with the examples of the other member economies of APEC.

"The domestic forest industry support is essential in this regard," Mr Tomuriesa said.

He said the third APEC forest ministerial meeting is a test run to showcase Papua New Guinea and its people in preparation of APEC leaders meeting in November 2018.

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