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April 19, 2022

Belarusian wood processing companies reorienting exports to Russia and China due to European sanctions

Belarusian wood processing companies reorienting exports to Russia and China due to European sanctions
In the context of Western sanctions, Belarusian wood processing companies are developing exports to Russia and China.    The State Concern Belarusian Forest and Paper Industry Group (Bellesbumprom) has lost 40% of its exports because of the European sanctions. That is the share of the production of the Belarusian woodworking enterprises supplied to the European Union."It is impossible for the sanctions to have no effect on us, because more than 40% of the products of the group's subsidiaries are exported to the EU. Today, our exports to there are restricted to a certain extent, so ...

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