Irrawaddy-May 27

An international environmental investigation agency says Myanmar’s military regime is seeking hard currency by auctioning large quantities of illegal timber.

The auction is due to be held by the Myanma Timber Enterprise (MTE), the state-run entity which controls Myanmar’s timber sales. Today’s (Thursday) open tender by the enterprise’s Export Marketing and Milling Department was announced in state-run newspapers last week. The Environmental Investigation Agency (EIA) said the National League for Democracy government seized about 200,000 tons of illegal timber, which created the stockpile due to be auctioned. The MTE said 390 tons of teak and 4,030 tons of other hardwood will be auctioned on Thursday in Yangon.

Read more at: https://www.irrawaddy.com/news/burma/myanmar-junta-auctions-illegal-timber-for-hard-currency-eia.html