YANGON - Myanmar prohibits the export of logs as from next week to reduce deforestation and increase its industry by exporting wood-based products only with value-added.

A statement by the Myanma State Timber Enterprise said that the Ministry of Environmental Conservation and Forestry ban the export of logs from 1 April.

Conforming to the latest official data available, the forest cover of Myanmar has decreased from 57.9 percent of its total land area in 1990 to 47.6 percent in 2005.

The sale of teak and hardwood logs has risen since the appointment of civil government and the exit from military regime in 2011 which liberalized the economy.