Various stakeholders, from all states and regions, have established an executive committee that will negotiate to be part of the EU-led Forest Law, Enforcement, Governance and Trade, Voluntary Partnership Agreement (FLEGT-VPA).
The FLEGT-VPA facility helps members to combat illegal logging and strength forest governance while encouraging sustainable economic development in countries that produce or process timber and export to the EU, according to the EUFLEGT website.
The benefits of the FLEGT-VPA are threefold—it defines a framework to guarantee the authenticity of timber, allows for better cooperation by developing tracking system for timber trade, and improves
Currently, Myanmar prohibits timber production across the country since the 2015-2016 financial years, albeit in Kyunhla township, Sagaing Region.
Myanmar forest coverage decreased from 61 percent in 1975 to 47 percent in 2010 at a depletion rate of 0.5pc per year on average. Illegal timber production and related activities are much to blame.