Recent US-Canada Lumber Negotiations ”Constructive”

Weyerhaeuser Company President and CEO Steve Rogel characterized the most recent round of US-Canada softwood lumber negotiations held in Washington, DC, talks as “constructive.”

Rogel Says Recent US-Canada Lumber Negotiations “Constructive”

February 7 — Weyerhaeuser Company President and CEO Steve Rogel characterized the most recent round of US-Canada softwood lumber negotiations held in Washington, DC, talks as ”constructive” and said he looks forward to continuing them as early as possible. Among the items discussed at the meeting was the plan Weyerhaeuser proposed last November, in which both sides would agree to replace the countervailing and anti-dumping duties with an interim sliding-scale border tax levied by Canada.

Canada’s response to the proposal has been mixed. While Canadian Minister of International Trade Pierre Pettigrew has said his country will not budge until the construction of a long-term free trade agreement can be assured and benchmarks are set for how much and how long softwood lumber will be taxed, other government officials an officials have reported seeing documents that support the Weyerhaeuser proposal.

For more information on the negotiations, visit the Weyerhaeuser company website at http://www.weyerhaeuser.com/popups/_frameset.asp?bodyFrame=/popups/pressReleases.asp?id=652