Agriculture minister Miroslav Naidenov said he will propose a recent decision restricting trade in timber to the commodity exchanges only to be revoked.
The commodity exchange will remain as a trading option but not the sole one.
One third of the wood previously intended to be sold through local commodity exchanges will be managed by state forest enterprises and their directors will decide whether to sell the timber on stock directly, through auctions or on the commodity exchanges, the agriculture ministry said in a statement. The remaining two thirds of the timber should be sold through auctions.
"Drastic measures will be taken to ensure the legality of timber exports," the statement quoted Naidenov as saying. He added that exports to Greece, the main foreign market for Bulgarian timber, will not be limited since it is a member state of the EU.