Economics and culture shape Estonian forestry debate

Debate is underway in Estonia about how to safeguard the economic and environmental potential inherent in the country's forests.

Parliament is being urged to debate the issue by groups including the People's Union policy council group, which has signalled its desire to establish forestry protection in the region.

In a report published by the Baltic Times, the head of the parliamentary faction of the opposition party, Karel Ruutli, argued that discussion on the state forest was needed "taking into consideration the social, economic, regional and cultural aspects".

Investment in forestry has become big business, with annual returns on investment reaching up to 30 per cent in recent years, causing many to examine the potential the forests can unlock.

As Estonia and other Baltic countries have acceded to the European Union, the backdrop for overseas investment has improved, with many looking to the emerging economies in eastern Europe for investment opportunities.

Estonia has been a member of the EU for almost three years.

All articles in News

Add comment:

Subject:
Name:  
email:
Code: 

Remark:

Email not will be shown.

Tags forbidden.