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Belarus-China timber alliance formed as commodity exchange signs key trade pact

Belarus-China timber alliance formed as commodity exchange signs key trade pact

Posted on June 26, 2025   |  

BUCE (Belarusian Universal Commodity Exchange) and CTWPDA (China Timber & Wood Products Distribution Association) signed a cooperation agreement focused on the timber trade.

The deal aims to attract more Chinese timber buyers to BUCE's exchange platform.

Both parties will host joint business events for Chinese stakeholders, raising awareness about BUCE’s services.

CTWPDA will also assist with accreditation and guidance for Chinese firms interested in participating in Belarus's timber trade.

From January to May 2025, Chinese buyers accounted for 30% of BUCE's total timber export sales, making them the top buyers.

Other leading timber importers during this period included Azerbaijan, Uzbekistan, Russia, and Singapore.