Financial Times FT.com

G8 agrees to take action over illegal logging

By Fiona Harvey, Environment Correspondent

Published: March 18 2005 20:04 | Last updated: March 18 2005 20:04

The Group of Eight industrialised nations agreed to take action on illegal logging on Friday, a problem that costs governments and legal timber companies billions of pounds a year.

"Illegal logging by highly organised criminal gangs is a very serious problem right across the developing world," said Margaret Beckett, the UK's environment secretary. "It causes soil degradation and a vicious spiral of poverty."

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