OREANDA-NEWS. On July 24, 2014 representatives of Quingdao Lucky Trading Company Limited (People's Republic of China) visited the head office of BUCE. In the course of the meeting with BUCE experts and Deputy Director of Bellesexport, the foreign guests received general information about BUCE activity, terms of participation in exchange auctions and services offered by BUCE to its foreign clients.

Chinese businessmen were primarily interested in the use of BUCE's electronic trading system for purchasing Belarusian timber. Therefore, the talks focused on the peculiarities of purchasing pulp wood and sawn timber via the commodity exchange and its further shipment to China. A total of 8 Chinese companies are already registered at BUCE, and in H1 2014 alone they bought over 7 million USD worth of commodities, which is a 4-fold increase compared to last year. This clearly exhibits the interest of the Chinese business to exchange trade and there are all reasons to expect that in future this positive trend will remain in place.

Representatives of Quingdao Lucky Trading Company Limited thanked the Belarusian counterparts for an interesting presentation and expressed willingness to register as traders at BUCE. The required package of documents will soon be submitted to BUCE accreditation department.