Photo courtesy of BUCE
MINSK, 15 January (BelTA) - The Belarusian Universal Commodity Exchange (BUCE) and Kazakhstan’s Trade Policy Development Center (QazTrade) have outlined key areas of cooperation under an agreement signed in November 2025, BelTA learned from the BUCE press service.
The areas were set following a visit to Deputy Director General of the center, Baurzhan Gaisa, the BUCE head office. In addition to information exchange and organizing joint training events for representatives of Kazakhstan’s business community, the parties plan to focus their efforts directly on increasing the exchange trade between Belarus and Kazakhstan. Attention will be given not only to supplying Belarusian goods to the Kazakh market but also to importing Kazakh products that are in demand in Belarus.
According to Baurzhan Gaisa, the exchange platform offers real opportunities for Kazakh companies both to purchase and sell goods in Belarus, significantly simplifying the search for business partners and reducing risks associated with foreign trade.
“After learning about how the Belarusian exchange works, its unique features and benefits, I am fully confident this tool will be a great help in achieving our common goal of boosting bilateral trade. We are ready to supply ferroalloys, grain, cotton fiber, and sunflower oil to Belarus via the exchange. We are also keen to import from your country, primarily goods like milk powder, butter, meat, and processed wood products. The exchange is convenient because it centralizes everything: supply and demand, imports and exports, raw materials and finished goods. I am convinced that our organizations’ coordinated efforts to implement the cooperation agreement will certainly help strengthen the trade and economic ties between Kazakhstan and Belarus,” the deputy director general of QazTrade said.
In 2025, the value of exchange transactions conducted on the BUCE by residents of Kazakhstan increased by 1.5 times, reaching over $43 million. The main driver of growth was the export of Belarusian agricultural products, which accounted for 96% of the exchange trade between the two countries. The top-selling items were milk powder, butter, sugar, beef products, and lumber. Last year also saw a notable expansion in the pool of Kazakh participants in exchange trading - from 146 to 201.
Founded in 2004, the Belarusian Universal Commodity Exchange conducted its first trading session in June 2005. BUCE is one of the largest commodity exchanges in Eastern Europe. Its main function is to assist Belarusian enterprises with export and foreign companies with entering the Belarusian market. BUCE sells a wide range of metal, forestry and agricultural products, industrial and consumer goods.
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