Latvian Timber Market Distortion: Minister of Agriculture Admits Policy Failure
Minister of Agriculture Armands Krauze (ZZS) admitted that the Latvian sawlog market is currently distorted, and it was mainly promoted by the wrong long-term auction policy of LVM, which was organized more than two years ago. As a result, Latvian timber cannot compete with Scandinavian timber. “This policy has led to a situation where it … Read more