Perm region will become the second development point for exchange trading with timber
On 20 December 2016, the Action Plan was approved to develop timber-trade in the Perm region. Until then regional timber-trade was only in the Irkutsk region.
“FAS pays considerable attention to market pricing and exchange trading is of the main tools. So far, exchange trading with natural gas and oil products is already established. The next step – launching exchange trading with timber, fertilizers and other agro-industrial goods and bioresources”, emphasized Head of FAS Department for Regulating Fuel-and-Industry Complex, Dmitry Makhonin.
To improve the federal law in order to support organized timber trade, FAS has also drafted a federal Road Map for launching and developing exchange trade with timber and forwarded it or approval to the Ministry.