As acknowledged in the discussion document, illegally logged forest products unfairly impede and compete with legal forest products where the cost and price of the latter reflects the internalisation of any associated environmental and social externalities. NZIF similarly supports the objective of the Discussion Document. “….to improve the trade-off between the costs of complying with the Regulation’s ‘due diligence’ requirements and the risk of illegally logged timber entering the Australian market.”
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