Superyacht firm EIA exposed for Myanmar teak imports floats on Hong Kong stock exchange
An Italian superyacht firm is seeking new investment by going public – despite being accused by EIA of breaching EU law over the importation of teak from Myanmar
Tag: teak
Sanction-busting Italian timber traders defy EU law to import Myanmar teak, aiding the military junta
Despite trade sanctions imposed in June to ban imports of Myanmar teak into Europe, more than 300 tonnes of the ‘king of woods’ worth well over €2 million has since entered into Italy
Italian traders are defying the law and sanctions to keep importing teak from Myanmar
Italy has been exposed at the heart of an ongoing trade in illicit timber from Myanmar, in defiance of both EU trade regulations and sanctions imposed in response to the violent military coup earlier this year
EIA victory in Netherlands’ highest court confirms EU rules for Myanmar timber imports
Royal Boogaerdt Timber broke the due diligence requirements of the EU Timber Regulation (EUTR) when it imported Myanmar teak, the Council of State in the Netherlands has confirmed.
Myanmar junta looks to line its pockets and fund the coup with massive auction of illegal timber
The brutal military junta which seized control of Myanmar on 1 February is seeking an injection of hard currency by selling off thousands of tonnes of illegal timber to international markets
Myanmar junta’s environment minister is hit with tough new sanctions by the US Treasury
A key figure in the Myanmar military coup and the country’s natural resources sector has been slapped with sanctions by the US Government