VANCOUVER, July 18, 2012 /CNW/ - #1501 - The British Columbia Lumber
Trade Council (BCLTC) responded today to the decision by the London
Court of International Arbitration that Canada and British Columbia
were not in breach of the Softwood Lumber Agreement (SLA) in the
pricing of British Columbia timber.
"We are extremely pleased with the Panel's decision dismissing all of
the United States' claims in their entirety," stated John Allan,
Allan went on to note that: "The arbitration process was lengthy and
thorough and the outcome demonstrates that the B.C. timber pricing
system is not in breach of the Softwood Lumber Agreement as the U.S.
The London Court of International Arbitration Tribunal was a three
person panel presided over by Dr. Klaus Sachs. Canada appointed
Professor Albert Jan van den Berg and the United States appointed Mr.
V. V. Veeder. The decision dismissing the U.S. claims was unanimous.
The 131 page Final Award will be released in public form in about 10
The BCLTC represents 85% of interior lumber production and a substantial
proportion of coastal production.
SOURCE BC Lumber Trade Council
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