A tenth of logging and half of plywood exports: Russian timber industry goes into the red
The pulp and paper industry, rebuilt after the Soviet Union by foreign investors, has already suffered greatly from the sanctions. In this direction in developed markets, Russia is now "successfully replacing China." Sanctions could deprive Russia of almost a tenth of its timber harvesting and half of its plywood exports, reports The Bell. The disruption of traditional distribution channels has had a significant impact on export-oriented...