It is the third in a series of bilateral accords that are negotiated between the EU and timber producing countries (agreements were signed with the Republic of Congo earlier this year and with Ghana in 2009).
Tegemist on kolmanda selletaolise kahepoolse kokkuleppega, mille EL on puitu tootvate riikidega sõlminud (käesoleval aastal on selline leping sõlmitud ka Kongo Vabariigiga ja 2009. aastal Ghanaga).