Iran to promote domestic wood industry

Business Materials 31 May 2011 15:47 (UTC +04:00)

Azerbaijan , Baku, May 31 /Trend/

Iran plans to reduce wood import by increasing the tariffs to promote domestic wood industry, Mehr News Agency reported quoting Secretary of Iran Wood Industries Association Abdol Azim Aghajani as saying.

"Iran's commercial profit from wood import reached zero, while the common import tariffs are 10 percent, including tax, value added tax and storage duties," he said.

Iran 's compressed wood pallet and paper factories need additional volume of raw materials (1 million ton, or 1.5 million cubic meters) a year.

Iran exports small portion of its domestic particleboard production, whilst the country still needs to import 200,000 cubic meters of medium density fibreboard (MDF) a year.

Iran 's main wood supply came from Russia and neighboring states.