Trafficking of banned Myanmar teak lands German company with $4m fine

WOB Timber, a logging company based in Hamburg, Germany, has been ordered by a court to pay a $4 million fine for illegally trading Myanmar timber. The April 27 decision was one of the highest financial penalties for this type of crime in the European ...

Nicolás Bustamante Hernández

EU sanctions Myanmar generals as UN urges ASEAN action

The European Union has imposed sanctions on 10 of Myanmar’s military leaders, as well as two giant military conglomerates, in its toughest measures yet against the February 1 coup and the bloody crackdown on protesters demanding the return of the elected government. Announcing the sanctions on ...

AL JAZEERA AND NEWS AGENCIES

Can the EU's climate change plan work in Southeast Asia?

After the European Union became a “strategic partner” of the Association of Southeast Asian Nations (ASEAN) bloc in December 2020, both blocs pledged to make climate change policy a key area of cooperation. The EU, already the largest provider of development assistance to the ASEAN region, has committed ...

David Hutt

EU suspends development funds for Myanmar

The European Union has suspended its support for development projects in Myanmar to avoid providing financial assistance to the military after it seized power last month, officials said on Thursday. The 27-nation EU informed a committee of the World Trade Organization that it had put on ...

REUTERS

Can Tho, EU forge cooperation in climate change response

Leaders of the Mekong Delta city of Can Tho and the EU Delegation to Vietnam on November 23 shared a hope for multilateral cooperation in climate change response. At a reception for the EU Delegation, Tran Viet Truong, Chairman of the municipal People’s Committee, said Can ...

VNA

Laos, EU discuss targets for trade in legal timber products

Representatives of the European Union (EU) and the Lao government have held discussions on an agreement on combating illegal logging and promoting trade in legal timber products. The issue was discussed at the fourth Joint Expert Meeting (JEM) on a voluntary partnership agreement (VPA) on forest law ...

European Union disburses 59.693 billion MMK in support of education in Myanmar

Today, the European Union (EU) disbursed €37.625 million [59.693billion MMK] to further support education reform in Myanmar. The grant is paid earlier than planned to help the Government address the exceptional needs that arose due to COVID-19 and ensure a safe return to school for ...

Vietnam-EU Trade: EVFTA Ratified by Vietnam’s National Assembly

Highlights: Vietnam’s National Assembly on June 8 ratified the EVFTA and the EVIPA agreements between Vietnam and the EU. Analysts hope the trade deal will give a much-needed boost to Vietnam’s economy as it looks to recover from the COVID-19 pandemic. The agreement is expected to take effect sometime ...

Dezan Shira & Associates

WWF Contributes to the Development of Viet Nam Timber Legality Assurance System - a Critical Step in Promoting Legal Timber Supply Chains

In an effort to ensure the legality of its entire timber supply chain and exports, Viet Nam has developed a draft Timber Legality Assurance System (VNTLAS) Decree to go into effect later this year. VNTLAS is a part of Viet Nam’s Voluntary Partnership Agreement (VPA) with ...

Investigation exposes European firms exploiting loophole to import Myanmar teak

Investigators have uncovered a scheme by European timber traders to evade E.U. laws by supplying Myanmar teak to the continent’s marine sector, including for decking on superyachts. The investigation by the Environmental Investigation Agency (EIA) was based on documents obtained from the Croatian agriculture ministry. The documents detailed ...

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