Myanmar: EU’s Mega-Rich Fuelling Illegal ‘Blood Timber’ Trade

Mar 25, 2022 | Sarah Tekath, Oxpeckers
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Teak is one of the most highly prized hardwoods in the world due to its finish and durability, and is becoming increasingly popular among the mega-rich. It’s one of the best-known timbers and hails from the tropical forests of South Asia, where Indonesia and Myanmar have become the world’s largest suppliers. But since the military seized power in Myanmar in 2021 and the European Union (EU) imposed economic and trade sanctions on the junta, the teak trade has been pushed underground.