Ghana: Ghana in the vanguard of new logging laws

New laws should be in place in Europe by the end of this year obliging timber importers to ensure the wood they buy has been legally produced - and Ghana will become the first exporting country to be able to offer such a guarantee. The timber trade is a huge business. In Cameroon, where timber exports rank second only to oil in value, it is worth more than US$700 million a year. Indonesia earns nearly $3 billion a year from wood and wood products, but Greenpeace says that as much of 80 percent of the logging in Indonesia is illegal.