In 2003, the United Nations Security Council imposed sanctions on Liberian timber exports after concluding that the proceeds from this trade were fuelling the conflict in Liberia and neighbouring Sierra Leone. These sanctions were lifted in 2006, conditional on the implementation of a series of reforms.
Liberia and the EU entered into negotiations for a voluntary partnership agreement in March 2009. The Agreement was signed in July 2011, and ratified in December 2013. Liberia is developing a legality assurance system to control, verify and license legal timber. This will be used for timber and timber products exported to the EU and to other destinations worldwide, as well as within the domestic market (EFI). Illegal logging nevertheless continues to be a major problem in the country.