Coalition for Fair Lumber Imports Applauds Arbitral Decision Regarding U.S.-Canada Softwood Lumber Agreement



    WASHINGTON, DC, Feb. 26 /CNW Telbec/ - The U.S. Coalition for Fair Lumber
Imports today welcomes a London Court of International Arbitration (LCIA)
ruling as to the remedy to be imposed for Ontario and Quebec lumber producers'
2007 shipments of lumber to the U.S. over their quota levels under the
U.S.-Canada Softwood Lumber Agreement (SLA).
    Under the LCIA ruling, Canada has been ordered to impose on Ontario,
Quebec, and other provinces an additional 10% export tax until Canada collects
the full C$68 million remedy judgment as determined by the panel.
    The Coalition expects Canada to fully implement the remedy beginning no
later than 30 days from now, as indicated by the tribunal.
    The Coalition commends the U.S. Government team whose hard work made this
successful outcome possible.
    Significant SLA compliance problems remain, however, as Canada is
violating the trade agreement both by breaching SLA export measure commitments
and by circumventing those commitments through additional subsidies and
related actions, including recent SLA-inconsistent stumpage price
manipulations in British Columbia.
    Coalition for Fair Lumber Imports Chairman Steve Swanson commented, "this
arbitral decision is a clear step in the right direction, but better overall
Canadian compliance is a must if the Softwood Lumber Trade Agreement is to
survive as an alternative to resumed trade litigation."
    Mr. Swanson continued by stating that "all that the U.S. industry and
workers have ever asked for is that Canada live up to its commitments under
the Softwood Lumber Trade Agreement," adding that "U.S. companies and workers
should not be forced to suffer additional harm in these difficult times as
Canada skirts its trade agreement obligations."

    About the Coalition for Fair Lumber Imports

    The U.S. Coalition for Fair Lumber Imports is an alliance of large and
small lumber producers from around the country, joined by hundreds of
thousands of their employees, and tens of thousands of woodland owners. The
Coalition is united in opposition to Canada's unfair lumber-trade practices,
including its gross under-pricing of timber. For more information including
Swanson's full text and other issues, please visit the Coalition's website at
www.fairlumbercoalition.org.




For further information:

For further information: Zoltan van Heyningen, (202) 582-0021,
zoltan@4fairlumber.com

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COALITION FOR FAIR LUMBER IMPORTS

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