A bill has been registered in the Verkhovna Rada to extend the moratorium on the export of unprocessed timber for 20 years

A bill has been registered in the Verkhovna Rada of Ukraine that provides for the extension of the moratorium on the export of unprocessed timber. The authors of the document proposed to extend this regime for 20 years to ensure the effective development of the domestic processing industry.

The extension of the moratorium to 20 years is intended to stimulate the development of the processing industry in Ukraine. This could contribute to the creation of new jobs and increase domestic added value. Instead of exporting raw timber, which brings relatively little profit, the country will be able to produce and export finished products, which will significantly increase revenues to the state budget.

In addition to economic benefits, extending the moratorium also has environmental advantages. The initiators of the bill emphasize the possibility of reducing illegal timber exports, which is a significant problem in Ukraine. Lower demand for unprocessed timber as a result of support for the domestic processing industry could reduce illegal logging. This, in turn, will lead to the preservation of biodiversity and improve the environmental situation in the country.

However, the legislative initiative is not only of economic and environmental significance. It also aims to preserve natural resources for future generations. Ukrainian forests are an important element of the national ecosystem that needs protection and rational use. Extending the moratorium on the export of unprocessed timber could be an important step in this direction.

Another important advantage is the creation of a more sustainable and self-sufficient economy. Investing in domestic processing industries and increasing their competitiveness in the global market could be a key factor for Ukraine's economic growth.

In conclusion, the draft law on extending the moratorium on the export of unprocessed timber has significant potential for positive change in various areas of the country's life. However, it is important that this initiative receives comprehensive support from both the public and the authorities in order to turn all the planned goals into reality.