BusinessGreen: A landmark timber trade agreement between the European Union and Indonesia designed to combat illegal logging will come into effect today.
The Voluntary Partnership Agreement (VPA) is expected to help EU Customs identify unlicensed Indonesian products and prevent it from entering EU markets.
The agreement was signed between the European Union and Indonesia in May 2011, but only comes into legal effect today.
It means all timber production in Indonesia will be required to adhere to a national...