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MTIB TO MONITOR TIMBER TRADE WITH SOUTH KOREA FOLLOWING ANTI-DUMPING DUTIES.

BERNAMA The Malaysian National News Agency

| April 14, 2011 | COPYRIGHT 1999 Bernama - Malaysian National Agency. (Hide copyright information)Copyright

from BERNAMA, The Malaysian National News Agency From Choong En Han SEOUL, April 14 (Bernama) -- The Malaysian Timber Industry Board (MTIB) will be monitoring the timber trade between Malaysia and South Korea for the next few months following the imposition of anti- dumping duties.

MTIB chairman Datuk Wilfred Madius Tangau said that on average, the Korean government imposed a 10 per cent tariff on Malaysian timber imported into South Korea.

"Our Korean counterparts are concerned over the situation.

"In a way, the Koreans could not get their raw material at a competitive price while our timber exports to Korea will be affected as well," he told Bernama after …

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