DODGY AND CONFLICT WOOD

Recent investigation by International Consortium of Investigative Journalists (ICIJ) revealed that India has become the second largest importer of “conflict wood” from Myanmar, after China. India hasn’t banned the import of teak from Myanmar, which is being exported to the US & EU.
These supplies of teak not only chip away at the Myanmar’s forest cover but also provide sustenance to the military regime of Myanmar.

Conflict Wood

Following the military coup in Myanmar in February 2021, the military junta took over Myanma Timber Enterprises (MTE), with exclusive control over the country’s valuable timber and teak trade. The sales of this “conflict” wood are a crucial source of income for the military regime.
After Western sanctions on timber trade, India has become a popular stop for illegal timber trade.
As per Forest Watch, between February 2021 and April 2022, Indian companies imported over USD 10 millions of teak.
India is both the largest importer of teak, and the largest exporter of processed teak wood products in the world.

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB

Post Views: 48