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Ministry of Economic Development Forecast: Russian GDP growth rate: 217 – 0.6%, 2018 – 1.7%, and 2019 – 2.1%. •  Ministry of Economic Development Forecast: In 2019 wood and cellulose processing and production investment volume will not exceed 30% of the 2015 value. •  Ministry of Economic Development Forecast: Average annual investment increase in 2018 - 2019 will stand at 1.3%.
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Irkutsk Oblast

Irkutsk Oblast starts pilot project on timber origin control. The project initiators plan to register all points of timber processing, shipping, and transfer. The company plans to issue free single-use ID cards. Timber procurers will use the IDs to register all timber at any point to facilitate timber processing and accounting. Every ID card is linked in USAIS to Forest DB with declaration. This means no one is able to exceed the declared amount of timber.