Italian traders still importing Myanmar Teak despite sanctions

26 November 2021
Italian traders still importing Myanmar Teak despite sanctions
Workers prepare and inspect teak logs in a wood yard in Yangon. Photo: EPA

The Environmental Investigation Agency (EIA) has revealed that despite trade sanctions imposed in June to ban imports of Myanmar teak into Europe, more than 300 tonnes of teak, worth over €2 million, has since entered Italy, according to super yacht news.

Economic sanctions against Myanmar came into force following the military coup in February 2021. In particular, they were imposed on the country’s state-owned Myanmar Timber Enterprise (MTE), which is responsible for the trade of teak, which is primarily used for decking on superyachts.