MINSK, 7 October (BelTA) - A delegation of the Belarusian Universal Commodity Exchange (BUCE) visited Russia’s Yaroslavl to hold a series of events aimed at engaging the region’s business community in trade with Belarusian companies, the BUCE press service told BelTA.
With the support of the Yaroslavl Oblast Export Center, BUCE held a seminar for export-oriented SMEs interested in entering the Belarusian market with their own products. This involves supplying Belarus with locally manufactured industrial and consumer goods,including for import substitution. As Yaroslavl producers already sold similar products on the BUCE in 2024-2025, cooperation in this area will gain momentum as more companies get accredited with BUCE.
Head of the BUCE Foreign Economic Activity Department Yaroslav Kovalyonok took part in the conference titled as Made in Russia: Global Trade in Today’s World, held as part of the Yaroslavl Oblast Industry Week. The BUCE representative spoke about the possibilities of using the exchange trading mechanism for cross-border transactions, highlighting the positive experience of using the BUCE platform by Yaroslavl companies.
“To date, 33 trading participants fromYaroslavl Oblast have been accredited on the exchange. In January-September 2025, their trade on our electronic platform exceeded $12.3 million. 84% of this amount accounts for purchases of Belarusian butter, which indicates the need to expand the product range of mutual exchange trade. However, we already see some progress on this issue. For example, this year, Belarusian meat processing plants started supplying beef semi-finished products to the region, while a Yaroslavl manufacturer of veterinary drugs concluded its first exchange deal to sell its products to one of the Belarusian agricultural enterprises,” Yaroslav Kovalyonok noted.
In the long term, sustainable growth of exchange cooperation between Belarus and Russia’s Yaroslavl Oblast will be ensured through closer interaction with the regional export center and the Chamber of Commerce and Industry, which are eager to assist in raising the awareness of the Yaroslavl business community about the BUCE, its trading instruments and solutions.
With the support of the Yaroslavl Oblast Export Center, BUCE held a seminar for export-oriented SMEs interested in entering the Belarusian market with their own products. This involves supplying Belarus with locally manufactured industrial and consumer goods,including for import substitution. As Yaroslavl producers already sold similar products on the BUCE in 2024-2025, cooperation in this area will gain momentum as more companies get accredited with BUCE.
Head of the BUCE Foreign Economic Activity Department Yaroslav Kovalyonok took part in the conference titled as Made in Russia: Global Trade in Today’s World, held as part of the Yaroslavl Oblast Industry Week. The BUCE representative spoke about the possibilities of using the exchange trading mechanism for cross-border transactions, highlighting the positive experience of using the BUCE platform by Yaroslavl companies.
“To date, 33 trading participants fromYaroslavl Oblast have been accredited on the exchange. In January-September 2025, their trade on our electronic platform exceeded $12.3 million. 84% of this amount accounts for purchases of Belarusian butter, which indicates the need to expand the product range of mutual exchange trade. However, we already see some progress on this issue. For example, this year, Belarusian meat processing plants started supplying beef semi-finished products to the region, while a Yaroslavl manufacturer of veterinary drugs concluded its first exchange deal to sell its products to one of the Belarusian agricultural enterprises,” Yaroslav Kovalyonok noted.
In the long term, sustainable growth of exchange cooperation between Belarus and Russia’s Yaroslavl Oblast will be ensured through closer interaction with the regional export center and the Chamber of Commerce and Industry, which are eager to assist in raising the awareness of the Yaroslavl business community about the BUCE, its trading instruments and solutions.
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