The threat by the Western Provincial government in the Solomons to stop logging operations has now been withdrawn.
The regional government had been demanding a 60-40 split of profits from the industry.
The Solomon's Prime Minister, Sir Allan Kemakeza, told the Solomon Island's Broadcasting Corporation that the national and regional governments have reached agreement concerning overdue provincial grants.
Sir Allan says the government has submitted a request for one million US dollars to the Taiwanese government to develop projects in Western Province.
The Prime Minister said these developments have been enough to put threats to logging on hold.