The introduction of an insurance system for timber products is a tangible step New Zealand can take to support the international efforts to curb the trade in illegal timber products. At the same time, it provides importers and our domestic processors and exporters with a framework for demonstrating that due diligence has been completed on the legal harvest of timber products they are trading. This bill will be comprehensive and will cover exported and imported timber products, as well as our domestic supply. How New Zealand responds to the issue of illegally harvested timber has been debated since before I entered this House. A number of voluntary actions have been taken and I would like to recognise the efforts of importers and domestic producers in this respect. But we have reached a point where consumers and markets are expecting more in the way of formal assurances.