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October 22, 2024, 3:57 pm
Business, Fiji News, Politics

Cabinet approves mahogany law review

Felix Chaudhary
Manager News Current Affairs Sports | [email protected]
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Cabinet today approved the review of the Mahogany Industry Development Act 2010 (MIDA 2010) and the Mahogany Industry (Licensing and Branding) Act 2011 (MILBA 2011).
 The MIDA 2010 established the Mahogany Industry Council and MILBA 2011 stipulates the licensing and branding aspects of the locally grown hardwood.
 
The Mahogany Industry Taskforce Review Committee, established in March 2024, recommended the review of both pieces of legislation to address issues faced by mahogany stakeholders.
 
Cabinet says the review of MIDA 2010 and MILBA 2011 is expected to examine the role played by the Mahogany Industry Council as well as to allow for further expansion of the mahogany industry and the recognition of the quality of Fiji’s hardwood products both locally and internationally.